Plan Ledger DOL Form 5500 · updated monthly

Flagship Enterprises Holding401(k)

FLAGSHIP HOLDING PROFIT SHARING AND 401(K) PLAN · SAN JOSE, CA · plan year 2022

Reported admin expense ratio · 2022
0.73%

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

Flagship Enterprises Holding reported $132,346 in plan administrative expenses for 2022: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $329 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is the 4,051st-largest of 9,483 plans among California employers on file, and the 704th of 2,534 in administrative & support services. In 2022, employees put in $4.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,056,097
Participants with balances960
Active participants1,788
Employer contributions$588,136
Employee contributions$2,792,440
Employer contribution per active participant$329
Average account balance$17,767
Benefits paid to participants$2,572,069
Plan auditUnmodified (clean) audit opinion
AuditorROBERT LEE & ASSOCIATES LLP
The Flagship Enterprises Holding 401(k) match · 2022
Employer contribution per active participant$329
Median for plans this size$2,266

Flagship Enterprises Holding's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$132,346 · 0.73%
Similar plansAdministrative & Support Services · California
Pursue Health LLC CA$17.4M · 0.46%
Docmagic, Inc. CA$17.3M · 0.07%
Ingenio, LLC CA$16.6M · 0.22%
Lloyd Pest Control Company CA$16.2M · 0.72%
Balboa Travel, Inc. CA$16.2M · 0.36%
Metagenomi, Inc CA$16.0M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264033257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.