Fm Home Loans 401(K) Plan — Form 5500 plan (Fm Home Loans)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Fm Home Loans 401(K) Plan is a benefit plan reported by Fm Home Loans under EIN 02-0594137 and plan number 001. The latest loaded filing year is 2023. The filing reports 248 participants and $4,505,679 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Fm Home Loans
- EIN
- 02-0594137
- Plan number
- 001
- Plan type
- 2
- Location
- Brooklyn, NY
- Latest filing year
- 2023
- Participants
- 248
- End-of-year plan assets
- $4,505,679
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 248 | H, C | 20240808051738NAL0002553475001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,505,679
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,505,679
- Net assets (BOY)
- $3,910,494
Income & contributions
- Participant contributions
- $397,691
- Total contributions
- $611,587
- Total income / additions
- $1,281,897
Expenses & distributions
- Benefits paid
- $660,939
- Administrative expenses
- $23,630
- Total expenses
- $686,712
- Net increase / (decrease)
- $595,185
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lion Street Financial, LLC | INVESTMENT/FINANCIAL ADVI | $22,195 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $1,435 | $0 | 2023 |