Plan Ledger DOL Form 5500 · updated monthly

Fmk Management LLC401(k)

FMK MANAGEMENT LLC 401(K) PROFIT SHARING PLAN AND TRUST · WILDWOOD, FL · plan year 2024

Reported admin expense ratio · 2024
0.96%

Fmk Management LLC reported $6,047 in plan administrative expenses for 2024: 0.96% of average plan assets, below the peer median. 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 rose from 0.46% to 0.96%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (3,444th of 3,644), and 1,828th of 2,240 in accommodation & food services. active participation has grown from 398 to 590 since 2022.

Plan summary
Net assets, end of year$712,774
Participants with balances131
Active participants590
Employer contributions—
Employee contributions$177,003
Employer contribution per active participant—
Average account balance$5,441
Benefits paid to participants$71,307
Plan auditUnmodified (clean) audit opinion
AuditorWILSON LEWIS ATTESTATION SERVICES
Plan history3
Yearassets · accounts · employer contribution
2024$713K · 131 accts
2023$546K · 110 accts · $11 emplr
2022$343K · 102 accts
Administrative expenses, itemized · 2024
Investment management$6,047
Total administrative$6,047
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.

Administrative cost history3
2024$6,047 · 0.96%
2023$3,286 · 0.74%
2022$1,389 · 0.46%
Similar plansAccommodation & Food Services · Florida
AD1 Management Inc. FL$787K · 2.12%
Long Doggers, Inc. FL$722K · 1.63%
Marker 32, Inc. FL$682K · 0.18%
Bre/Dunes Owner, LLC FL$675K · 0.67%
Bmk Enterprises LLC FL$603K · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472612431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.