Plan Ledger DOL Form 5500 · updated monthly

Flagship Press, Inc.401(k)

FLAGSHIP PRESS, INC. 401(K) PLAN · NORTH ANDOVER, MA · plan year 2022

Reported admin expense ratio · 2022
0.27%

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

Flagship Press, Inc. reported $30,264 in plan administrative expenses for 2022: 0.27% of average plan assets, above the peer median. Employer contributions averaged $280 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 manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,925th of 2,726), and 8,960th of 13,661 in manufacturing. In 2022, employees put in $15.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,662,369
Participants with balances95
Active participants95
Employer contributions$26,570
Employee contributions$423,380
Employer contribution per active participant$280
Average account balance$101,709
Benefits paid to participants$1,238,354
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$30,264
Total administrative$30,264
The Flagship Press, Inc. 401(k) match · 2022
Employer contribution per active participant$280
Median for plans this size$2,266

Flagship Press, Inc.'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$30,264 · 0.27%
Similar plansManufacturing · Massachusetts
Valley Steel Stamp Inc MA$10.1M · 0.60%
Sense Labs, Inc MA$9.7M · 0.28%
Seurat Technologies Inc. MA$9.6M · 0.29%
Telco Systems Inc. MA$9.5M · 0.22%
Barbour Corporation MA$9.3M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042493017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.