Plan Ledger DOL Form 5500 · updated monthly

Fmc Services, LLC401(k)

FMC SERVICES, LLC 401(K) PROFIT SHARING PLAN · AMARILLO, TX · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Fmc Services, LLC reported $126,283 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,645 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 0.59% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,632nd-largest of 5,688 plans among Texas employers on file, and the 4,411th of 11,654 in professional & technical services. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,669,817
Participants with balances461
Active participants368
Employer contributions$605,238
Employee contributions$1,255,667
Employer contribution per active participant$1,645
Average account balance$60,021
Benefits paid to participants$1,759,716
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON & SHELDON, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.7M · 461 accts · $605K emplr
2023$23.2M · 440 accts · $954K emplr
2022$18.9M · 446 accts · $555K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,703
Investment management$80,500
Total administrative$126,283
The Fmc Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,645
Median for plans this size$2,416
2024$1,645 per active participant
2023$2,758 per active participant
2022$1,481 per active participant

Fmc Services, LLC's 2024 employer contribution ran below 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.

Service providers · 20244
AMARILLO NATIONAL BANK · Investment advisory (plan)$69,828
EMPOWER ADVISORY GROUP, LLC · Investment management$10,672

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

Administrative cost history3
2024$126,283 · 0.50%
2023$103,084 · 0.49%
2022$130,520 · 0.59%
Same employer
Similar plansProfessional & Technical Services · Texas
Waters & Kraus, LLP TX$28.7M · 0.28%
Axiom Space, Inc. TX$27.7M · 0.04%
Shiftkey, LLC TX$27.5M · 0.07%
Brunel Energy, Inc. TX$27.3M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465766063 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.