Plan Ledger DOL Form 5500 · updated monthly

Fmc Technologies, Inc.401(k)

TECHNIPFMC RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Fmc Technologies, Inc. reported $822,814 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $8,508 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 0.08% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 88th-largest of 5,688 plans among Texas employers on file, and the 245th of 13,661 in manufacturing. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,358,338,853
Participants with balances6,920
Active participants3,479
Employer contributions$29,598,769
Employee contributions$38,218,408
Employer contribution per active participant$8,508
Average account balance$196,292
Benefits paid to participants$123,745,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 6,920 accts · $29.6M emplr
2023$1.2B · 7,196 accts · $24.7M emplr
2022$1.0B · 7,305 accts · $28.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$406,297
Investment management$247,979
Audit (IQPA)$30,850
Total administrative$822,814
The Fmc Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$8,508
Median for plans this size$5,259
2024$8,508 per active participant
2023$6,746 per active participant
2022$7,868 per active participant

Fmc Technologies, Inc.'s 2024 employer contribution ran above the $5,259 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
FIDELITY INV. INTS. OP. CO. INC. · Loan processing$423,926
STRATEGIC ADVISORS INC · Investment advisory (plan)$247,979
CAPFINANCIAL PARTNERS,LLC · Investment advisory (plan)$137,500
MCCONNELL & JONES, LLP · Accounting / audit$29,665

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$822,814 · 0.06%
2023$701,307 · 0.06%
2022$962,470 · 0.08%
Same employer
Similar plansManufacturing · Texas
Keurig Dr Pepper Inc. TX$1.9B · 0.07%
Nov Inc. TX$1.6B · 0.07%
Commercial Metals Company TX$1.5B · 0.06%
Ineos USA, LLC. TX$1.4B · 0.02%
Flowserve Corporation TX$1.2B · 0.02%
Hf Sinclair Corporation TX$1.2B · 0.06%
Hess Corporation TX$1.1B · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364412642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.