Plan Ledger DOL Form 5500 · updated monthly

Fn Tech401(k)

FNTECH 401(K) PROFIT SHARING PLAN · SANTA ANA, CA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Fn Tech reported $29,148 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $2,922 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 0.66% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (6,720th of 9,483), and 1,347th of 2,534 in administrative & support services. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 99 to 112 since 2022.

Plan summary
Net assets, end of year$5,869,394
Participants with balances131
Active participants112
Employer contributions$327,239
Employee contributions$544,292
Employer contribution per active participant$2,922
Average account balance$44,805
Benefits paid to participants$100,578
Plan auditUnmodified (clean) audit opinion
AuditorMM & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 131 accts · $327K emplr
2023$4.4M · 138 accts · $327K emplr
2022$3.1M · 139 accts · $241K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,635
Investment management$24,785
Total administrative$29,148
The Fn Tech 401(k) match · 2024
Employer contribution per active participant$2,922
Median for plans this size$1,313
2024$2,922 per active participant
2023$3,057 per active participant
2022$2,429 per active participant

Fn Tech's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JULY BUSINESS SERVICES, LLC · Recordkeeping$2,635
WELLS FARGO ADVISORS · Investment advisory (participants)$24,785

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$29,148 · 0.57%
2023$36,338 · 0.97%
2022$21,590 · 0.66%
Similar plansAdministrative & Support Services · California
Pro-Spectus, Inc. CA$6.2M · 0.20%
Adonis Health Inc. CA$6.0M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272492807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.