Plan Ledger DOL Form 5500 · updated monthly

Fpi Management, Inc.401(k)

FPI MANAGEMENT, INC. 401(K) PLAN · FOLSOM, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Fpi Management, Inc. reported $18,011 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2 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 0.87% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 3,274th-largest of 9,483 plans among California employers on file, and the 579th of 2,096 in real estate & leasing. In 2024, employees put in $401.22 for every $1.00 the employer contributed; active participation has grown from 3,544 to 3,945 since 2022.

Plan summary
Net assets, end of year$23,177,722
Participants with balances1,383
Active participants3,945
Employer contributions$7,984
Employee contributions$3,203,352
Employer contribution per active participant$2
Average account balance$16,759
Benefits paid to participants$2,509,292
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 1,383 accts · $8K emplr
2023$19.1M · 818 accts · $30K emplr
2022$14.3M · 789 accts
Administrative expenses, itemized · 2024
Investment management$18,011
Total administrative$18,011
The Fpi Management, Inc. 401(k) match · 2024
Employer contribution per active participant$2
Median for plans this size$2,416
2024$2 per active participant
2023$8 per active participant

Fpi Management, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20248
ASSOCIATES IN EXCELLENCE DBA · Contract administrator$6,700
LEAFHOUSE FINANCIAL ADVISORS$1,679
LPL FINANCIAL LLC-RPCP$48,476
CETERA RETIREMENT PLAN SPECIALISTS$21,600
IRON FIDUCIARY$8,080
NATIONWIDE$2,474
NATIONWIDE LIFE INSURANCE COMPANY$1,616

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$18,011 · 0.09%
2023$100,229 · 0.60%
2022$132,890 · 0.87%
Same employer
Similar plansReal Estate & Leasing · California
Prime Finance Advisor, L.P. CA$24.7M · 0.29%
Sierra Land Group, Inc. CA$24.2M · 0.04%
Sequoia Equities Inc. CA$23.5M · 0.86%
Norcal Rental Group LLC CA$22.2M · 0.28%
Prime Administration, LLC CA$22.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680217638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.