Plan Ledger DOL Form 5500 · updated monthly

Foris, Inc.401(k)

FORIS 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

Foris, Inc. reported $5,638 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio fell from 0.23% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,656th of 3,644), and 10,109th of 11,654 in professional & technical services. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,152,422
Participants with balances131
Active participants0
Employer contributions$470,574
Employee contributions$769,130
Employer contribution per active participant—
Average account balance$31,698
Benefits paid to participants$202,964
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history2
Yearassets · accounts · employer contribution
2024$4.2M · 131 accts · $471K emplr
2023$2.7M · 129 accts · $426K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,004
Investment management$2,634
Total administrative$5,638
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 · 20241
GUIDELINE, INC. · Plan administrator · Recordkeeping$5,144

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

Recordkeeper by year2
2024Guideline
2023Guideline

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

Administrative cost history2
2024$5,638 · 0.17%
2023$5,175 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Florida
21 Air LLC FL$4.2M · 0.15%
Ozone Networks, Inc. FL$4.1M · 0.01%
Romark Laboratories, L.C. FL$4.0M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824678369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.