Plan Ledger DOL Form 5500 · updated monthly

Fmg Suite, LLC401(k)

FMG SUITE, LLC 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Fmg Suite, LLC reported $23,180 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,730 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 0.28% to 0.21%. 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 among the smaller plans on file in California (4,840th of 9,483), and 7,196th of 11,654 in professional & technical services. In 2024, employees put in $2.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,642,676
Participants with balances325
Active participants329
Employer contributions$569,285
Employee contributions$1,657,072
Employer contribution per active participant$1,730
Average account balance$38,901
Benefits paid to participants$872,161
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 325 accts · $569K emplr
2023$9.6M · 292 accts · $510K emplr
2022$6.7M · 291 accts · $528K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,880
Investment management$17,300
Total administrative$23,180
The Fmg Suite, LLC 401(k) match · 2024
Employer contribution per active participant$1,730
Median for plans this size$2,416
2024$1,730 per active participant
2023$1,473 per active participant
2022$1,681 per active participant

Fmg Suite, 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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$5,880
MMA SECURITIES, LLC · Investment advisory (plan)$17,300

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$23,180 · 0.21%
2023$24,151 · 0.30%
2022$18,778 · 0.28%
Same employer
Similar plansProfessional & Technical Services · California
Camunda Inc. CA$12.7M · 0.09%
AUTHENTIC8, Inc. CA$12.7M · 0.18%
Karius, Inc. CA$12.7M · 0.01%
Fam, LLC CA$12.7M · 0.04%
Rapt Therapeutics, Inc. CA$12.6M · 0.53%
Teter, Inc. CA$12.5M · 0.53%
Titmouse Inc CA$12.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275107472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.