# Fm Home Loans 401(k) Plan
Source: https://planprovider.pro/companies/fm-home-loans-401k-plan

> Fm Home Loans's 401(k) plan: 156 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Fm Home Loans

- **Sponsor EIN:** 020594137

- **Sponsor Address:** 2329 NOSTRAND AVE, BROOKLYN, NY, 11210

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

- **Total Participants:** 156

- **Total Assets:** $4.8M

## 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|156|$4.8M|$0|$506,915|

| 2023|145|$4.5M|$0|$397,691|

| 2022|169|$3.9M|$11,694|$585,390|

## 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|

| LION STREET FINANCIAL, LLC|INVESTMENT/FINANCIAL ADVI|$23,233|—|$23,233|

| RICHEY MAY & CO., LLP|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [RICHEY MAY & CO., LLP](https://planprovider.pro/provider/retirement-plan-consultants) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $23,233

- **Estimated Expense Ratio:** 0.483% 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|$24,703|$23,233|—|—|—|

| 2023|$23,630|$22,195|—|—|—|

| 2022|$17,719|—|—|—|—|

## Similar Plans

- [Contour Mortgage Corporation](https://planprovider.pro/companies/contour-mortgage-corporation-plan) — 362 participants

- [Nationwide Mortgage Bankers In](https://planprovider.pro/companies/nationwide-mortgage-bankers-in-plan) — 458 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/fm-home-loans-401k-plan)

© 2026 PlanProvider.Pro