Plan Ledger DOL Form 5500 · updated monthly

Flaherty & Collins, Inc.401(k)

FLAHERTY & COLLINS, INC. 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Flaherty & Collins, Inc. reported $75,015 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,220 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 0.57% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Indiana (789th of 1,562), and the 949th of 2,096 in real estate & leasing. In 2024, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,765,833
Participants with balances417
Active participants355
Employer contributions$433,206
Employee contributions$1,267,337
Employer contribution per active participant$1,220
Average account balance$30,614
Benefits paid to participants$1,764,327
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 417 accts · $433K emplr
2023$11.0M · 416 accts · $462K emplr
2022$8.8M · 392 accts · $357K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,015
Total administrative$75,015
The Flaherty & Collins, Inc. 401(k) match · 2024
Employer contribution per active participant$1,220
Median for plans this size$2,416
2024$1,220 per active participant
2023$1,338 per active participant
2022$1,023 per active participant

Flaherty & Collins, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$75,015
BCGM WEALTH MANAGEMENT LLC · Investment advisory (plan)indirect comp

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$75,015 · 0.63%
2023$61,600 · 0.62%
2022$53,009 · 0.57%
Same employer
Similar plansReal Estate & Leasing · Indiana
Storage Solutions, Inc. IN$15.9M · 0.02%
Barrett & Stokely, Inc. IN$13.6M · 0.25%
Buckingham Management, LLC IN$13.5M · 0.69%
The Garrett Companies IN$11.6M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351893287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.