401(k) · DOL Form 5500 · 2024

First Option Mortgage, LLC 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
198
Participants Below avg headcount
50th
Percentile by assets National rank
$39,066
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First Option Mortgage 401(k) Retirement Savings Plan · Sponsored by First Option Mortgage, LLC · Georgia · Finance & Insurance

$8M in assets, 198 participants

First Option Mortgage, LLC's First Option Mortgage 401(k) Retirement Savings Plan reported $8M in total assets and 198 participants in its 2024 DOL Form 5500 filing, ranking in the 50th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,983 in Finance & Insurance (8,549 peers)

Coverage in Georgia

First Option Mortgage 401(k) Retirement Savings Plan covers 198 participants in Georgia, about 18% of the average Georgia filer (state average ~1,096 per filing). Assets: $8M.

#2,983
in Finance & Insurance (8,549 peers)
+6.9%
assets growth YoY

First Option Mortgage 401(k) Retirement Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

First Option Mortgage 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$7,734,986 Top 50% higher than 50% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

First Option Mortgage 401(k) Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Option Mortgage 401(k) Retirement Savings Plan sits mid-pack in the medium band (198 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Option Mortgage 401(k) Retirement Savings Plan reported net income fell from $979K in the plan year 2023 filing to $506K in the plan year 2024 filing.
  • First Option Mortgage 401(k) Retirement Savings Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • First Option Mortgage 401(k) Retirement Savings Plan reported participants fell from 204 in the plan year 2023 filing to 198 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 680570826 · First Option Mortgage, LLC PY 2024 · 401(k)

First Option Mortgage 401(k) Retirement Savings Plan · $8M · 198 · 50th

  • TYPE $8M
  • NET 198
  • BOOK 50th
  • VS-ST 401(k)
  • BOY near Dlorah, Inc. 401(k) Plan
  • SCH ind #2983

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Georgia →

First Option Mortgage 401(k) Retirement Savings Plan in the asset neighbourhood

Dlorah, Inc. 401(k) Plan$8MCleverbridge, Inc. 401(k) PlanCleverbridge, Inc. 401(k) Pl…$8MParadigm Manufacturing Inc 401(k) PlanParadigm Manufacturing Inc 4…$8MFirst Option Mortgage 401(k) Retirement Savings PlanFirst Option Mortgage 401(k)…$8MHmc Hospitality Group 401(k) PlanHmc Hospitality Group 401(k)…$8M
End-of-year total assets ($M) among First Option Mortgage 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$506K
Employer EIN680570826
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Option Mortgage, LLC)

Sponsor-wide plan assets over time

All First Option Mortgage, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$8M 23.718820121786884% vs 2022
2024 filing year
$6M$6.5M$7M$7.5M$8M 202220232024 $6.25M $7.73M ▲ +23.7%
Year Plans Participants Total Assets
2022 1 262 $6M
2023 1 204 $7M
2024 1 198 $8M

Nearby 401(k) Plans in Georgia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

First Option Mortgage 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants First Option Mortgage 401(k) Retirement Savings Plan, Total assets ($B): 0.007734986 · Participants: 198First Option Mortgage 401(k) Retirement Savings PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
First Option Mortgage 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare First Option Mortgage 401(k) Retirement Savings Plan side-by-side with 3 peers →

First Option Mortgage 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Dlorah, Inc. 401(k) Plan in SD ($8M); by covered participants it is Alltrails 401(k) Plan in CA (198 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (198 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Option Mortgage 401(k) Retirement Savings Plan assets move in 2024? ▼
First Option Mortgage 401(k) Retirement Savings Plan grew at a solid clip - up 6.9% during 2024, from $7M to $8M. Reported net income was $506K.
How have First Option Mortgage, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Option Mortgage, LLC's sponsor-wide assets grew 23.7%, from $6M to $8M.
Which 401(k) plans are similar in size to First Option Mortgage 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dlorah, Inc. 401(k) Plan in SD ($8M, 181 participants).
Which 401(k) plans cover a similar participant headcount to First Option Mortgage 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Alltrails 401(k) Plan in CA (198 participants, $19M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 680570826.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.