First Option Mortgage 401(k) match, vesting and fees
What First Option Mortgage's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Voya Retirement Insurance and Annui | 2024 Schedule C ↗ |
| Independent auditor | Lee Cpa Audit Group (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2024 filing, the latest that names one. The other rows are from the plan year 2025 filing.
How the plan compares
Plan year 2025 medians for 1,478 defined-contribution plans in finance and insurance with 100 to 499 participants.
| First Option Mortgage: employer contribution per participant | $309 | |
| Peer median | $3,122 |
| First Option Mortgage: average balance | $43,912 | |
| Peer median | $111,687 |
| First Option Mortgage: admin expenses ÷ assets | 0.26% | |
| Peer median | 0.20% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $6.5M at the end of plan year 2021 to $9M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 223 | $9M | $64K | $309 | 0.26% | Not published | Form 5500 ↗ |
| 2024 | 417 | $7.7M | $59K | $148 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 349 | $7.2M | $35K | $101 | 0.28% | Not published | Form 5500 ↗ |
| 2022 | 416 | $6.3M | $52K | $129 | 0.19% | Not published | Form 5500 ↗ |
| 2021 | 409 | $6.5M | $95K | $240 | 0.10% | Not published | Form 5500 ↗ |
Common questions
Does First Option Mortgage match 401(k) contributions?
The match terms for the First Option Mortgage 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $64K in employer contributions, about $309 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the First Option Mortgage 401(k) match vested?
The vesting schedule for the First Option Mortgage 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the First Option Mortgage 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance and Annui. The plan administrator is First Option Mortgage, LLC.
I left First Option Mortgage. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (First Option Mortgage, LLC, (770) 423-8200) or the recordkeeper, Voya Retirement Insurance and Annui. The First Option Mortgage old 401(k) page lists the contacts from every plan filing. Find an old First Option Mortgage 401(k)
Data from the public Form 5500 annual reports First Option Mortgage filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with First Option Mortgage. Not financial advice. Report a correction · Methodology