Plan Snapshot
- Plan Sponsor: Fgi Group, INC.
- Sponsor EIN: 742333173
- Sponsor Address: 3901 SOUTH LAMAR BLVD., AUSTIN, TX, 78704
- Plan Type: 401(k)
- Total Participants: 539
- Total Assets: $107.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 539 | $107.6M | $2.7M | $6.3M |
| 2023 | 464 | $94.7M | $2.4M | $5.6M |
| 2022 | 398 | $73.2M | $2.1M | $4.8M |
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 |
|---|---|---|---|---|
| RBC WEALTH MANAGEMENT | INVESTMENT ADVISOR | $70,000 | — | $70,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $63,689 | — | $63,689 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $20,417 | — | $20,417 |
| RSM US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC WEALTH MANAGEMENT — INVESTMENT ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- RSM US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $154,106
- Estimated Expense Ratio: 0.143% 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 | $154,106 | $90,417 | — | — | — |
| 2023 | $150,777 | $85,819 | — | — | — |
| 2022 | $139,377 | $14,685 | — | — | — |