Plan Ledger DOL Form 5500 · updated monthly

Fyda, Inc.401(k)

FYDA, INC. 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Fyda, Inc. reported $267,729 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,564 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 rose from 0.36% to 0.53%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 613th-largest of 3,295 plans among Ohio employers on file, and the 611th of 5,215 in retail trade. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has grown from 383 to 484 since 2022.

Plan summary
Net assets, end of year$54,702,979
Participants with balances471
Active participants484
Employer contributions$1,240,991
Employee contributions$3,700,823
Employer contribution per active participant$2,564
Average account balance$116,142
Benefits paid to participants$2,918,843
Plan auditUnmodified (clean) audit opinion
AuditorHILL, BARTH, AND KING CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$54.7M · 471 accts · $1.2M emplr
2023$46.5M · 424 accts · $1.1M emplr
2022$39.6M · 382 accts · $930K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,038
Investment management$239,691
Total administrative$267,729
The Fyda, Inc. 401(k) match · 2024
Employer contribution per active participant$2,564
Median for plans this size$3,635
2024$2,564 per active participant
2023$2,534 per active participant
2022$2,429 per active participant

Fyda, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$70,252
VALMARK ADVISERS INC · Investment advisory (plan)$64,787
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$19,933

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$267,729 · 0.53%
2023$224,511 · 0.52%
2022$153,563 · 0.36%
Same employer
Similar plansRetail Trade · Ohio
Arhaus, LLC OH$68.3M · 0.28%
Germain Motor Company OH$59.7M · 0.62%
Kenwood Dealer Group, Inc. OH$57.9M · 0.19%
Ken Ganley Companies OH$54.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311328797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.