# First Mile Group, INC. 401(k) Plan
Source: https://planprovider.pro/companies/first-mile-group-inc-401k-plan

> First Mile Group, INC.'s 401(k) plan: 237 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** First Mile Group, INC.

- **Sponsor EIN:** 474492596

- **Sponsor Address:** 41 E. 11TH STREET, NEW YORK, NY, 10003

- **Plan Type:** 401(k)

- **Total Participants:** 237

- **Total Assets:** $22.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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.|

| 2024|237|$22.9M|$1.5M|$3.3M|

| 2023|234|$15.9M|$1.7M|$3.6M|

| 2022|266|$8.3M|$1.4M|$2.9M|

## 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|

| SENSIBA LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SENSIBA LLP](https://planprovider.pro/provider/sensiba-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$91,360|$45,624|—|—|—|

| 2023|-$234|$840|—|—|—|

| 2022|$15,268|$15,268|—|—|—|

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