Plan Snapshot
- Plan Sponsor: Fg Group Holdings, INC.
- Sponsor EIN: 470587703
- Sponsor Address: 5960 FAIRVIEW ROAD, CHARLOTTE, NC, 28210
- Plan Type: 401(k)
- Total Participants: 123
- Total Assets: $12.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 123 | $12.8M | $192,244 | $596,242 |
| 2023 | 108 | $11.7M | $225,048 | $601,225 |
| 2022 | 99 | $11.3M | $185,139 | $508,663 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| UHY, LLP | Auditor | $3,450 | — | $3,450 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UHY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,450
- Estimated Expense Ratio: 0.027% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $78,584 | $30,066 | $38,819 | $3,450 | — |
| 2023 | $77,835 | $39,004 | $25,121 | $7,000 | — |
| 2022 | $94,285 | $50,036 | $32,757 | — | $11,492 |