Plan Ledger DOL Form 5500 · updated monthly

Certified Flooring Installation, in C.401(k)

CERTIFIED FLOORING INSTALLATION 401(K) PLAN · HEBRON, KY · plan year 2024

Reported admin expense ratio · 2024
1.54%

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

Certified Flooring Installation, in C. reported $26,001 in plan administrative expenses for 2024: 1.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,416 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 fell from 2.00% to 1.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kentucky (780th of 871), and 10,885th of 11,654 in professional & technical services. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has shrunk from 116 to 101 since 2022.

Plan summary
Net assets, end of year$1,982,227
Participants with balances113
Active participants101
Employer contributions$143,055
Employee contributions$349,395
Employer contribution per active participant$1,416
Average account balance$17,542
Benefits paid to participants$133,695
Plan auditUnmodified (clean) audit opinion
AuditorHD DAVIS CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 113 accts · $143K emplr
2023$1.4M · 122 accts · $147K emplr
2022$932K · 117 accts · $54K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,108
Investment management$7,893
Total administrative$26,001
The Certified Flooring Installation, in C. 401(k) match · 2024
Employer contribution per active participant$1,416
Median for plans this size$1,313
2024$1,416 per active participant
2023$1,304 per active participant
2022$463 per active participant

Certified Flooring Installation, in C.'s 2024 employer contribution ran above 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 · 20242
AMI BENEFIT PLAN ADMINISTRATORS, IN · Contract administrator · Recordkeeping$18,108
TIMOTHY J. HALCHUCK · Investment advisory (participants) · Investment advisory (plan)$7,893

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

Recordkeeper by year2
2024AMI BENEFIT PLAN ADMINISTRATORS, IN
2023AMI BENEFIT PLAN ADMINISTRATORS, IN

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Administrative cost history3
2024$26,001 · 1.54%
2023$17,459 · 1.50%
2022$18,363 · 2.00%
Similar plansProfessional & Technical Services · Kentucky
Vinyl Fanatic, LLC KY$643K · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352191900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.