Plan Ledger DOL Form 5500 · updated monthly

Fns, Inc.401(k)

FNS, INC. 401(K) PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Fns, Inc. reported $120,270 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,263 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 0.76% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 3,236th-largest of 9,483 plans among California employers on file, and the 657th of 2,677 in transportation & warehousing. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 370 to 572 since 2022.

Plan summary
Net assets, end of year$23,601,950
Participants with balances392
Active participants572
Employer contributions$1,866,217
Employee contributions$2,793,314
Employer contribution per active participant$3,263
Average account balance$60,209
Benefits paid to participants$2,517,114
Plan auditUnmodified (clean) audit opinion
AuditorKLICHS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 392 accts · $1.9M emplr
2023$18.7M · 378 accts · $1.6M emplr
2022$12.9M · 317 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,235
Investment management$40,035
Total administrative$120,270
The Fns, Inc. 401(k) match · 2024
Employer contribution per active participant$3,263
Median for plans this size$2,416
2024$3,263 per active participant
2023$2,746 per active participant
2022$3,127 per active participant

Fns, Inc.'s 2024 employer contribution ran above 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$80,235
MORGAN STANLEY · Investment advisory (plan)$31,751
KLK CAPITAL MANAGEMENT LLC · Investment advisory (plan)$8,333

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$120,270 · 0.57%
2023$106,412 · 0.67%
2022$99,439 · 0.76%
Same employer
Similar plansTransportation & Warehousing · California
Corovan Corporation CA$26.0M · 0.14%
Mnx Global Logistics Corp. CA$25.5M · 0.15%
Platform Science, Inc. CA$24.0M · 0.19%
Blower-Dempsay Corporation CA$23.9M · 0.24%
Asiana Airlines CA$22.1M · 0.30%
Food Express, Inc. CA$21.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954542501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.