Plan Ledger DOL Form 5500 · updated monthly

Fmc Managment Services, Inc.401(k)

FMC 401(K) PROFIT SHARING PLAN · PENSACOLA, FL · plan year 2022

Reported admin expense ratio · 2022
0.88%

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

Fmc Managment Services, Inc. reported $9,458 in plan administrative expenses for 2022: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $13 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (3,377th of 3,644), and 4,732nd of 4,798 in finance & insurance. In 2022, employees put in $112.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$932,265
Participants with balances75
Active participants56
Employer contributions$701
Employee contributions$78,635
Employer contribution per active participant$13
Average account balance$12,430
Benefits paid to participants$141,658
Plan auditUnmodified (clean) audit opinion
AuditorREA, SHAW, GIFFIN & STUART LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,458
Total administrative$9,458
The Fmc Managment Services, Inc. 401(k) match · 2022
Employer contribution per active participant$13
Median for plans this size$1,114

Fmc Managment Services, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,458 · 0.88%
Same employer
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American Bancard LLC FL$1.3M · 0.91%
Ffi Holdings Florida Inc. FL$1.1M · 1.22%
Inside Out Solutions LLC FL$979K · 1.06%
Taso Group LLC FL$304K · 0.21%
Renegade Insurance FL$223K · 0.93%
Lloyd Jones LLC FL$209K · 1.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472689404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.