Plan Ledger DOL Form 5500 · updated monthly

Fx Direct Dealer LLC401(k)

FX DIRECT DEALER, LLC SAVINGS AND INVESTMENT PLAN · JERSEY CITY, NJ · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Fx Direct Dealer LLC reported $525 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,107 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New Jersey (1,327th of 2,419), and 3,654th of 4,798 in finance & insurance. In 2022, employees put in $4.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,390,383
Participants with balances95
Active participants58
Employer contributions$122,189
Employee contributions$597,393
Employer contribution per active participant$2,107
Average account balance$140,951
Benefits paid to participants$912,485
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
The Fx Direct Dealer LLC 401(k) match · 2022
Employer contribution per active participant$2,107
Median for plans this size$2,266

Fx Direct Dealer LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$525 · 0.00%
Similar plansFinance & Insurance · New Jersey
Arc Home LLC NJ$16.1M · 0.41%
Magyar Bank NJ$15.7M · 0.44%
Newfield National Bank NJ$15.5M · 0.01%
The Bank of Princeton NJ$12.8M · 0.06%
Greentree Mortgage Co LP NJ$12.7M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020573635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.