Plan Ledger DOL Form 5500 · updated monthly

Ffi Holdings, III Corp401(k)

FLOW CONTROL GROUP 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Ffi Holdings, III Corp reported $484,716 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,631 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 1 year on file its reported administrative ratio fell from 0.31% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 115th-largest of 2,005 plans among North Carolina employers on file, and the 225th of 4,246 in wholesale trade. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$217,598,863
Participants with balances2,418
Active participants2,137
Employer contributions$7,760,263
Employee contributions$15,404,157
Employer contribution per active participant$3,631
Average account balance$89,991
Benefits paid to participants$14,277,552
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$217.6M · 2,418 accts · $7.8M emplr
2023$156.8M · 2,357 accts · $6.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$397,284
Investment management$68,432
Total administrative$484,716
The Ffi Holdings, III Corp 401(k) match · 2024
Employer contribution per active participant$3,631
Median for plans this size$3,635
2024$3,631 per active participant
2023$3,140 per active participant

Ffi Holdings, III Corp's 2024 employer contribution ran below the $3,635 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
EMPOWER ANNUITY INSURANCE COMPANY O · Loan processing$416,284

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

Administrative cost history2
2024$484,716 · 0.26%
2023$355,742 · 0.31%
Same employer
Similar plansWholesale Trade · North Carolina
Alex Lee, Inc. NC$323.1M · 0.24%
Vallen Distribution, Inc. NC$273.1M · 0.14%
Merz, Incorporated NC$237.0M · 0.07%
Tecan U.S., Inc. NC$139.5M · 0.16%
Ecmd, Inc. NC$132.1M

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Source: U.S. Department of Labor, Form 5500 series, EIN 472743389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.