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Employers › Florida

Employer · plans filed under one EIN

FBMC Benefits Mangement, Inc.

Tallahassee, FL · Professional, scientific and technical services

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$18.4Mnet assets across plans
267participant records192 active
$252Kemployer contributions, latest plan years$1,314 per active record
$16KSchedule C compensation to organisations$59.92 per participant record

2 retirement plans with 100 or more participants file Form 5500 under FBMC Benefits Mangement, Inc.'s employer identification number (Tallahassee, Florida). Their latest filings total 267 participant records and $18.4M in net assets.

The largest is FBMC Benefits Management, Inc. 401(k) Plan, a 401(k) plan with 151 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $252K and participant contributions $998K in the latest plan years; benefits paid were $1.5M. Schedule C compensation reported to service provider organisations totalled $16K.

Combined net assets moved from $5.5M in 2009 to $18.4M in 2024 (up 234%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
FBMC Benefits Management, Inc. 401(k) Plan401(k) plan2024151$8.8M$58,551$2,336$16K
FBMC Benefits Management Employee Stock Ownership Planemployee stock ownership plan2024116$9.6M$82,714—$0
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $5.5M2010: $5.8M2011: $5.5M2012: $5.1M2013: $6.1M2014: $5.9M2015: $6.0M2016: $6.3M2017: $7.3M2018: $6.6M2019: $7.4M2020: $10.8M2021: $12.7M2022: $11.4M2023: $14.5M2024: $18.4M$5.5M$18.4M20092012201620202024
Combined net assets
2009: 2912010: 1732011: 1512012: 2672013: 2502014: 2742015: 2852016: 2702017: 2582018: 2452019: 2472020: 2562021: 2682022: 2622023: 2612024: 26729126720092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20242267$18.4M$252K$998K
20232261$14.5M$568K$459K
20222262$11.4M$513K$468K
20212268$12.7M$459K$496K
20202256$10.8M$416K$371K
20192247$7.4M$438K$351K
20182245$6.6M$219K$353K
20172258$7.3M$318K$288K
20162270$6.3M$289K$270K
20152285$6.0M$274K$231K
20142274$5.9M$252K$237K
20132250$6.1M$307K$236K
20122267$5.1M$253K$223K
20111151$5.5M$231K$199K
20101173$5.8M$99K$306K
20091291$5.5M$120K$380K

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
The Vanguard Group, Inc.Participant loan processing; Recordkeeping and information management1$15,999

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

The Vanguard Group, Inc.$16K

Questions and answers

How many retirement plans does FBMC Benefits Mangement, Inc. have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: FBMC Benefits Management, Inc. 401(k) Plan and FBMC Benefits Management Employee Stock Ownership Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does FBMC Benefits Mangement, Inc. contribute to its plans?

$252,313 in employer contributions across these plans in their latest plan years, about $1,314 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name The Vanguard Group, Inc.. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.