401k Record

Employers › First Brands Group

First Brands Group 401(k)

Recordkeeping fees per participant · First Brands Group 401(k) Plan · plan year 2024

$25.27

Higher than 21% of the 1,697 plans $250M to 1B that report it.

Source

= $185,870 / 7,356
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015142232NAL0002443795001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015142232NAL0002443795001, received 2025-10-15

10th: $11.56median $49.9890th: $89.63

Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.

Cost and contributions

Administrative expenses excluding investment management, per participant

$34.84

10th: $18.52median $67.2190th: $147.71

Higher than 19% of the 2,324 plans $250M to 1B that report it.

Source

= $256,295 / 7,356
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015142232NAL0002443795001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015142232NAL0002443795001, received 2025-10-15

Administrative expenses per participant

$52.69

10th: $27.95median $88.2590th: $203.68

Higher than 22% of the 2,405 plans $250M to 1B that report it.

Source

= $387,576 / 7,356
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015142232NAL0002443795001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015142232NAL0002443795001, received 2025-10-15

Administrative expenses as a share of assets

0.128%

10th: 0.018%median 0.073%90th: 0.183%

Higher than 77% of the 2,407 plans $250M to 1B that report it.

Source

= $387,576 / $302,906,606
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015142232NAL0002443795001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015142232NAL0002443795001, received 2025-10-15

Employer contributions per participant

$67

10th: $1,169median $3,07390th: $8,346

Higher than 1% of the 2,457 plans $250M to 1B that report it.

Source

= $489,752 / 7,356
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015142232NAL0002443795001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015142232NAL0002443795001, received 2025-10-15

Employer share of total contributions

5.8%

10th: 17.5%median 31.1%90th: 48.7%

Higher than 2% of the 2,459 plans $250M to 1B that report it.

Source

= $489,752 / $8,389,133
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015142232NAL0002443795001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015142232NAL0002443795001, received 2025-10-15

Plan terms, as stated in First Brands Group, LLC's SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3B · 3D IRS pre-approved plan · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015142232NAL0002443795001, received 2025-10-15

Full record, First Brands Group 401(k) Plan

FieldValueSource
Plan sponsorFIRST BRANDS GROUP, LLCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015142232NAL0002443795001, received 2025-10-15
Plan nameFIRST BRANDS GROUP 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251015142232NAL0002443795001, received 2025-10-15
Sponsor EIN / plan number46-2872032 / 002Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015142232NAL0002443795001, received 2025-10-15
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015142232NAL0002443795001, received 2025-10-15
Sponsor locationCLEVELAND, OHForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015142232NAL0002443795001, received 2025-10-15
Industry (business code)336300, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015142232NAL0002443795001, received 2025-10-15
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015142232NAL0002443795001, received 2025-10-15
Filing received2025-10-15Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015142232NAL0002443795001, received 2025-10-15
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015142232NAL0002443795001, received 2025-10-15
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251015142232NAL0002443795001, received 2025-10-15
Participants, beginning of year1,915Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015142232NAL0002443795001, received 2025-10-15
Active participants6,024Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015142232NAL0002443795001, received 2025-10-15
Participants, end of year9,390Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015142232NAL0002443795001, received 2025-10-15
Participants with an account balance7,356Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015142232NAL0002443795001, received 2025-10-15
Total assets, beginning of year$54,371,665Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015142232NAL0002443795001, received 2025-10-15
Total assets, end of year$302,906,606Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015142232NAL0002443795001, received 2025-10-15
Net assets, end of year$302,906,606Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015142232NAL0002443795001, received 2025-10-15
Total income$17,499,763Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015142232NAL0002443795001, received 2025-10-15
Net income$-5,772,371Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015142232NAL0002443795001, received 2025-10-15
Employer contributions$489,752Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015142232NAL0002443795001, received 2025-10-15
Participant contributions$6,203,831Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015142232NAL0002443795001, received 2025-10-15
Other contributions (incl. rollovers)$1,695,550Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015142232NAL0002443795001, received 2025-10-15
Total contributions$8,389,133Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015142232NAL0002443795001, received 2025-10-15
Benefit payments$22,884,558Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015142232NAL0002443795001, received 2025-10-15
Total expenses (incl. benefit payments)$23,272,134Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015142232NAL0002443795001, received 2025-10-15
Total administrative expenses$387,576Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015142232NAL0002443795001, received 2025-10-15
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015142232NAL0002443795001, received 2025-10-15
Recordkeeping fees$185,870Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015142232NAL0002443795001, received 2025-10-15
IQPA audit fees$27,000Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015142232NAL0002443795001, received 2025-10-15
Investment advisory and management fees$131,281Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015142232NAL0002443795001, received 2025-10-15
Administrative expenses excluding investment management$256,295derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015142232NAL0002443795001, received 2025-10-15
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251015142232NAL0002443795001, received 2025-10-15
Held in common/collective trusts$165,587,905Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015142232NAL0002443795001, received 2025-10-15
Held in mutual funds$87,977,141Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015142232NAL0002443795001, received 2025-10-15
Independent auditorBOBER MARKEY FEDOROVICHSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015142232NAL0002443795001, received 2025-10-15

Position = column in the DOL layout for form year 2024. Filing 20251015142232NAL0002443795001, received 2025-10-15.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees $158,684yes
CBIZ INVESTMENT ADVISORY SERVICES LADVISOR 27 Investment advisory (plan) $59,327no
CBIZ INVESTMENT ADVISORY SERVICES LINVESTMENT ADVISOR 27 Investment advisory (plan) $53,706no
EMPOWER ANNUITY INSURANCE COMPANY OrecordkeeperRECORDKEEPER 64 Recordkeeping fees $42,685yes
BANK OF AMERICA NAOTHER 99 Other fees $39,281no
BOBER MARKEY FEDOROVICHACCOUNTANT/AUDITO R 10 Accounting (including auditing) $27,000no
STRATEGIC ADVISORS, INC.ADVISOR 27 Investment advisory (plan) $18,248no
PRINCIPAL FINANCIAL GROUPOTHER 99 Other fees $4,144no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015142232NAL0002443795001, received 2025-10-15.

What changed since the 2023 plan year

Figure20232024Change
Total assets$54,371,665$302,906,606457.1%
Participants with a balance1,7037,356331.9%
Administrative expenses$258,311$387,57650.0%
Recordkeeping fees per participant$79.44$25.27-68.2%
Employer contributions$347,712$489,75240.8%

Prior filing 20241011102317NAL0012366643001, received 2024-10-11; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: FIRST BRANDS GROUP, LLC; SEC registrant: First Brands Group, LLC (CIK 1960811, matched by EIN).