Plan Snapshot
- Plan Sponsor: Fmg Suite, LLC
- Sponsor EIN: 275107472
- Sponsor Address: 18014 S. FIGUEROA ST,, GARDENA, CA, 90248
- Plan Type: 401(k)
- Total Participants: 329
- Total Assets: $12.6M
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 | 329 | $12.6M | $569,285 | $1.7M |
| 2023 | 346 | $9.6M | $509,751 | $1.5M |
| 2022 | 314 | $6.7M | $527,697 | $1.4M |
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 |
|---|---|---|---|---|
| MMA SECURITIES, LLC | NONE | $17,300 | — | $17,300 |
| THE VANGUARD GROUP, INC. | NONE | $5,880 | — | $5,880 |
| BAKER TILLY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- BAKER TILLY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,180
- Estimated Expense Ratio: 0.183% 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 | $23,180 | $17,300 | $5,880 | — | — |
| 2023 | $24,151 | $13,085 | $11,066 | — | — |
| 2022 | $18,778 | $10,432 | $8,346 | — | — |