Plan Snapshot
- Plan Sponsor: Facilities Management Express, LLC.
- Sponsor EIN: 461145974
- Sponsor Address: 800 YARD STREET, GRANDVIEW HEIGHTS, OH, 43212
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 194
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 194 | $7.5M | $0 | $0 |
| 2024 | 139 | $5.0M | $323,564 | $972,263 |
| 2023 | 134 | $3.4M | $238,163 | $728,042 |
| 2022 | 106 | $1.9M | $127,421 | $563,605 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | Other Service Provider | $17,998 | $3 | $18,001 |
| EVERHART ADVISORS | Other Service Provider | $15,576 | — | $15,576 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,577
- Estimated Expense Ratio: 0.446% 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 |
|---|---|---|---|---|---|
| 2025 | $324,195 | $15,576 | $17,998 | — | — |
| 2024 | $28,758 | $11,957 | $16,801 | — | — |
| 2023 | $43,685 | — | — | — | — |
| 2022 | $57,556 | — | — | — | — |