Plan Ledger DOL Form 5500 · updated monthly

Fmc Group Holdings LP401(k)

FIRST MANHATTAN 401K PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Fmc Group Holdings LP reported $5,710 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,881 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 1 year on file its reported administrative ratio fell from 0.008% to 0.005%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 726th-largest of 5,648 plans among New York employers on file, and the 927th of 4,798 in finance & insurance. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$110,794,698
Participants with balances174
Active participants135
Employer contributions$1,603,871
Employee contributions$3,390,900
Employer contribution per active participant$11,881
Average account balance$636,751
Benefits paid to participants$5,314,832
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$110.8M · 174 accts · $1.6M emplr
2023$97.6M · 167 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,056
Investment management$642
Total administrative$5,710
The Fmc Group Holdings LP 401(k) match · 2024
Employer contribution per active participant$11,881
Median for plans this size$3,635
2024$11,881 per active participant
2023$11,405 per active participant

Fmc Group Holdings LP's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$5,710 · 0.01%
2023$7,474 · 0.01%
Same employer
Similar plansFinance & Insurance · New York
Ambac Financial Group NY$115.3M · 0.07%
Lexington Partners L.P. NY$111.9M · 0.14%
Jencap Group NY$110.9M · 0.09%
Canaccord Genuity LLC NY$110.5M · 0.07%
Sculptor Capital NY$108.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920997031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.