Plan Ledger DOL Form 5500 · updated monthly

Flash Global Logistics, Inc.401(k)

FLASH GLOBAL LOGISTICS, INC. 401(K) PLAN · MOUNTAIN LAKES, NJ · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Flash Global Logistics, Inc. reported $51,450 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,076 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 3 years on file its reported administrative ratio has held roughly steady near 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (1,429th of 2,419), and the 1,064th of 2,677 in transportation & warehousing. In 2024, employees put in $4.74 for every $1.00 the employer contributed; active participation has grown from 176 to 207 since 2022.

Plan summary
Net assets, end of year$11,613,592
Participants with balances241
Active participants207
Employer contributions$222,727
Employee contributions$1,056,281
Employer contribution per active participant$1,076
Average account balance$48,189
Benefits paid to participants$544,970
Plan auditUnmodified (clean) audit opinion
AuditorWISS AND COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 241 accts · $223K emplr
2023$9.5M · 230 accts · $194K emplr
2022$8.2M · 225 accts · $173K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,532
Investment management$20,918
Total administrative$51,450
The Flash Global Logistics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,076
Median for plans this size$2,416
2024$1,076 per active participant
2023$1,031 per active participant
2022$982 per active participant

Flash Global Logistics, 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
JOHN HANCOCK RETIREMENT PLAN SVCS · Recordkeeping · Loan processing$31,663
LWM ADVISORY SERVICES, LLC · Investment advisory (plan)$19,787

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$51,450 · 0.49%
2023$42,864 · 0.48%
2022$43,571 · 0.48%
Similar plansTransportation & Warehousing · New Jersey
Samuel Coraluzzo Co., Inc. NJ$12.5M · 0.85%
Aaa South Jersey, Inc. NJ$11.8M · 0.02%
Crown Pacific, Inc. NJ$10.5M · 0.48%
Lx Pantos USA, Inc. NJ$10.5M · 0.24%
Lx Pantos USA, Inc. NJ$10.5M · 0.24%
Budd van Lines, Inc. NJ$10.0M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 202019119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.