Fbc Mortgage LLC 401(K) Profit Sharing Plan — Form 5500 plan (Fbc Mortgage LLC)

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, Fbc Mortgage LLC 401(K) Profit Sharing Plan is a benefit plan reported by Fbc Mortgage LLC under EIN 20-3702275 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,099 participants and $51,032,392 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$51MPlan net assets, end of year$51,032,392
Participants1.1KCovered participants reported1,099
Assets / participant$46.4KComputed: assets ÷ participants$46,435 (computed)
Provider compensation$156.2K3 Schedule C provider row(s)$156,222
Plan sponsor
Fbc Mortgage LLC
EIN
20-3702275
Plan number
001
Plan type
2
Location
Orlando, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,099H, C20241009153114NAL0019535121001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$51M total assets
Net assets$51MLiabilities$0
Money in vs. money out
Total income / additions$14.3M
Total expenses$6.8M
Benefits paid / distributions$6.4M
Contributions
Employer$1.3M
Participant$4.8M
Full reported line items

Net assets

Total assets (EOY)
$51,032,392
Total liabilities (EOY)
$0
Net assets (EOY)
$51,032,392
Net assets (BOY)
$43,517,092

Income & contributions

Employer contributions
$1,316,211
Participant contributions
$4,765,862
Total contributions
$7,065,640
Total income / additions
$14,306,043

Expenses & distributions

Benefits paid
$6,433,258
Administrative expenses
$156,222
Total expenses
$6,790,743
Net increase / (decrease)
$7,515,300
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 22%Participant 78%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income45%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Onedigital Investment Advisors LLCINVESTMENT ADVISOR$86,290not reported in the loaded dataset2023
Resources Investment Advisors, LLCINVESTMENT MGMT$34,987not reported in the loaded dataset2023
Adp, Inc.RECORDKEEPER$34,945$02023

Related Form 5500 pages