Plan Ledger DOL Form 5500 · updated monthly

Flagship Food Group, LLC401(k)

FLAGSHIP FOOD GROUP 401(K) PLAN · GREENWOOD VILLAGE, CO · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Flagship Food Group, LLC reported $39,197 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,228 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 0.42% to 0.45%. 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 Colorado (826th of 1,461), and 8,227th of 11,654 in professional & technical services. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,275,900
Participants with balances265
Active participants295
Employer contributions$362,311
Employee contributions$650,667
Employer contribution per active participant$1,228
Average account balance$35,003
Benefits paid to participants$1,258,151
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 265 accts · $362K emplr
2023$8.1M · 224 accts · $326K emplr
2022$6.9M · 172 accts · $297K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,197
Total administrative$39,197
The Flagship Food Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,228
Median for plans this size$1,313
2024$1,228 per active participant
2023$1,241 per active participant
2022$993 per active participant

Flagship Food Group, 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 · 20241

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$39,197 · 0.45%
2023$33,006 · 0.44%
2022$33,479 · 0.42%
Same employer
Similar plansProfessional & Technical Services · Colorado
Kumar & Associates, Inc. CO$10.1M · 0.65%
The Red van Workshop, LLC CO$9.4M · 0.06%
Agentsync, Inc. CO$9.2M · 0.26%
Atlas Navigators, LLC CO$9.0M · 0.62%
Biointellisense, Inc. CO$9.0M · 0.26%
A G Wassenaar Inc CO$8.9M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260858508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.