Plan Ledger DOL Form 5500 · updated monthly

Fjm Ferro Inc401(k)

FJM FERRO INC. 401(K) PLAN · BROOKLYN, NY · plan year 2022

Reported admin expense ratio · 2022
0.17%

Fjm Ferro Inc reported $160 in plan administrative expenses for 2022: 0.17% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (5,584th of 5,648), and 5,311th of 5,337 in construction.

Plan summary
Net assets, end of year$119,197
Participants with balances22
Active participants107
Employer contributions—
Employee contributions$99,728
Employer contribution per active participant—
Average account balance$5,418
Benefits paid to participants$8,761
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK CPAS LLC
Administrative expenses, itemized · 2022
Investment management$160
Total administrative$160
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$160 · 0.17%
Similar plansConstruction · New York
Forward Mechanical NY$478K · 1.55%
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Galaxy of New York, Inc. NY$224K · 0.43%
Ceres Technologies NY$1K · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204155867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.