New York › Manufacturing › 500 to 999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Four M 401(k) Plan
Sponsored by Four M Commercial Operations LLC, White Plains, NY
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Four M Commercial Operations LLC of White Plains, New York sponsors Four M 401(k) Plan, a 401(k) plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 538 participants (494 active) and $14.7M in net assets.
Net assets came to $27,371 per participant, well below the $46,267 median for defined contribution plans with 500 to 999 participants and well below the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $452K during the year, or $915 per active participant against a same-size median of $1,934; participants contributed $901K and $19K arrived as rollovers and other contributions. Benefits paid out totalled $2.6M.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $58K: $107 per participant, close to the same-size median of $113. Administrative expenses charged to the plan were $58K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $13.2M in 2021 to $14.7M in 2024 (up 12%), and participants from 292 to 538 (up 84%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $27,371 | $46,267 | $62,303 | $53,102 |
| Employer contributions per active participant | $915 | $1,934 | $2,187 | $2,175 |
| Schedule C compensation per participant | $107 | $113 | $136 | $123 |
| Schedule C compensation, share of net assets | 0.39% | 0.25% | 0.24% | 0.26% |
| Administrative expenses per participant | $107 | $109 | $131 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), manufacturing (11,377) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 538 | $14.7M | $27,372 | $452K | $901K | $58K |
| 2023 | 447 | $13.1M | $29,340 | $402K | $817K | $8,000 |
| 2022 | 377 | $10.5M | $27,841 | $317K | $696K | $2,000 |
| 2021 | 292 | $13.2M | $45,195 | $247K | $548K | $2,000 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$13,114,791
- Employer contributions$452,175
- Participant contributions$900,786
- Rollovers and other contributions$18,705
- Total contributions$1,371,666
- Total income, including investment results$4,251,431
- Benefits paid$2,563,973
- Administrative expenses$57,621
- Total expenses$2,640,467
- Net income$1,610,964
- Net transfers$0
- Net assets, end of year$14,725,755
Participants
- Active participants494
- Retired or separated, receiving benefits1
- Retired or separated, entitled to future benefits41
- Participants with account balances180
- Total participants, end of year538
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| World Investment Advisors LLC | Investment advisory (plan) | $27,654 | $0 |
| Fidelity Investments Institutional | Participant loan processing | $22,344 | $0 |
| Strategic Advisors, Inc. | Investment advisory (plan) | $7,623 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$35,277
- Recordkeeping fees$22,344
- Total administrative expenses$57,621
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$14.0M · 95.2%
- Common/collective trusts$517K · 3.5%
- Participant loans$188K · 1.3%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmCBIZ CPAS PC
- Participant contributions reported as transmitted lateYes, $25,330
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2TTotal or partial participant-directed account plan with a default investment account3HPlan sponsor(s) is (are) a member(s) of a controlled group3DPre-approved pension plan2EProfit-sharing plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 322200: Converted Paper Product Mfg.
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Garan 401(k) Plan | Garan, Inc. | 542 | $15.0M | $27,674 |
| Sabin Metal Corporation 401(k) Savings Plan | Sabin Metal Corporation | 537 | $38.4M | $71,450 |
| Ascent Pharmaceuticals Inc. 401(k) Plan | Ascent Pharmaceuticals Inc. | 542 | $11.1M | $20,448 |
| 401(k) Plan for Employees of Revere Copper Products, Inc. | Revere Copper Products, Inc. | 534 | $54.7M | $102,384 |
| Kawasaki Rail Car, Inc. 401(k) Investment Retirement Plan | Kawasaki Rail Car, Inc. | 549 | $64.3M | $117,076 |
| Ampacet Corporation 401(k) Profit Sharing Plan | Ampacet Corporation | 530 | $123M | $231,361 |
Defined contribution plans in manufacturing closest in size.
Questions and answers
How big is Four M 401(k) Plan?
538 participants at the end of the plan year ending 31 Dec 2024, of whom 494 were active employees, with net assets of $14,725,755. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does Four M Commercial Operations LLC contribute per participant?
The filing reports $452,175 in employer contributions for the year, which is $915 per active participant; the median for plans of the same type and size was $1,934 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $57,621 in compensation to service provider organisations, $107 per participant or 0.39% of net assets. The same-size median among plans reporting any Schedule C compensation was $113 per participant. Administrative expenses on Schedule H were $57,621. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Four M Commercial Operations LLC. Recordkeeping or administration: Fidelity Investments Institutional. Investment advisory or management: World Investment Advisors LLC and Strategic Advisors, Inc.. The financial statements were audited by CBIZ CPAS PC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 14 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 84-5002024, plan 003, received 14 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.