Plan Ledger DOL Form 5500 · updated monthly

First Nation Group LLC401(k)

FIRST NATION GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST · NICEVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

First Nation Group LLC reported $2,214 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,961 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.07% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,639th-largest of 3,644 plans among Florida employers on file, and 2,734th of 4,246 in wholesale trade. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 90 to 103 since 2022.

Plan summary
Net assets, end of year$11,445,150
Participants with balances127
Active participants103
Employer contributions$407,976
Employee contributions$985,639
Employer contribution per active participant$3,961
Average account balance$90,119
Benefits paid to participants$811,600
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 127 accts · $408K emplr
2023$9.3M · 116 accts · $359K emplr
2022$7.5M · 110 accts · $324K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,354
Trustee / custodial$860
Total administrative$2,214
The First Nation Group LLC 401(k) match · 2024
Employer contribution per active participant$3,961
Median for plans this size$2,416
2024$3,961 per active participant
2023$3,741 per active participant
2022$3,601 per active participant

First Nation Group LLC's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$2,214 · 0.02%
2023$2,775 · 0.03%
2022$6,212 · 0.07%
Same employer
Similar plansWholesale Trade · Florida
Tropic Supply, Inc. FL$12.2M · 0.71%
Xec, LLC FL$11.5M · 0.30%
Aamp of Florida, Inc FL$11.3M · 0.60%
Wish Farms, Inc. FL$11.1M · 0.50%
AP4 Group LLC FL$11.0M · 0.19%
Club Assist US LLC FL$11.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461562844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.