Plan Ledger DOL Form 5500 · updated monthly

Flextrude Aluminum Shapes LLCStock bonus plan

FLEXTRUDE ALUMINUM SHAPES 401(K) PLAN · SANFORD, FL · plan year 2024

Reported admin expense ratio · 2024
1.32%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Flextrude Aluminum Shapes LLC reported $19,194 in plan administrative expenses for 2024: 1.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,239 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.13% to 1.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (3,202nd of 3,644), and 12,997th of 13,661 in manufacturing. In 2024, employees put in $2.70 for every $1.00 the employer contributed; active participation has grown from 106 to 177 since 2022.

Plan summary
Net assets, end of year$1,619,090
Participants with balances203
Active participants177
Employer contributions$219,360
Employee contributions$592,227
Employer contribution per active participant$1,239
Average account balance$7,976
Benefits paid to participants$607,396
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 203 accts · $219K emplr
2023$1.3M · 153 accts · $194K emplr
2022$694K · 105 accts · $42K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,194
Total administrative$19,194
Employer contributions to the Flextrude Aluminum Shapes LLC plan · 2024
Employer contribution per active participant$1,239
Median for plans this size$1,313
2024$1,239 per active participant
2023$1,282 per active participant
2022$393 per active participant

Flextrude Aluminum Shapes LLC's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$12,545
ALLIANT INSURANCE SERVICES INC. · Contract administrator · Investment advisory (plan)$8,314
USI CONSULTING GROUP INC · Contract administrator$3,460
ENVESTNET RETIREMENT SOLUTIONS LLC$48
USI SECURITIES INCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$19,194 · 1.32%
2023$24,060 · 2.44%
2022$917 · 0.13%
Same employer
Similar plansManufacturing · Florida
West Tampa Glass Company FL$1.7M · 0.82%
M & B Products Inc FL$1.7M · 0.18%
Circuitronix, LLC FL$1.6M · 0.42%
Fracture Inc. FL$1.6M · 0.42%
Quality Enclosures, Inc. FL$1.6M · 0.86%
Eastern Aero Marine Inc. FL$1.5M · 0.03%
Bel USA FL$1.5M · 2.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881719952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.