Plan Ledger DOL Form 5500 · updated monthly

Flagship Credit Acceptance LLC401(k)

FLAGSHIP CREDIT ACCEPTANCE LLC 401(K) PLAN · CHADDS FORD, PA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Flagship Credit Acceptance LLC reported $83,505 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,177 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 0.23% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 811th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,709th of 4,798 in finance & insurance. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,575,800
Participants with balances629
Active participants898
Employer contributions$1,954,538
Employee contributions$3,967,231
Employer contribution per active participant$2,177
Average account balance$77,227
Benefits paid to participants$4,600,030
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.6M · 629 accts · $2.0M emplr
2023$41.0M · 659 accts · $1.8M emplr
2022$31.7M · 601 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,946
Investment management$1,099
Total administrative$83,505
The Flagship Credit Acceptance LLC 401(k) match · 2024
Employer contribution per active participant$2,177
Median for plans this size$2,416
2024$2,177 per active participant
2023$1,616 per active participant
2022$1,866 per active participant

Flagship Credit Acceptance LLC's 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$82,407

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$83,505 · 0.19%
2023$71,241 · 0.20%
2022$73,762 · 0.23%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Orrstown Bank PA$51.7M · 0.04%
Berwind Corporation PA$48.6M · 0.00%
Ameriserv Financial PA$48.6M · 0.34%
Meridian Bank PA$48.0M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273237099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.