Plan Ledger DOL Form 5500 · updated monthly

Flasher LTD., dba Flasher Equipment Company401(k)

FLASHER EQUIPMENT COMPANY 401(K) PLAN AND TRUST · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
1.75%

Flasher LTD., dba Flasher Equipment Company reported $22,816 in plan administrative expenses for 2023: 1.75% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio fell from 2.16% to 1.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (5,137th of 5,688), and 2,228th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$1,377,679
Participants with balances123
Active participants140
Employer contributions—
Employee contributions$171,573
Employer contribution per active participant—
Average account balance$11,201
Benefits paid to participants$190,334
Plan auditUnmodified (clean) audit opinion
AuditorATKG, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$1.4M · 123 accts
2022$1.2M · 105 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,816
Total administrative$22,816
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PENTEGRA SERVICES INC · Contract administrator$1,527

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

Administrative cost history2
2023$22,816 · 1.75%
2022$28,591 · 2.16%
Similar plansTransportation & Warehousing · Texas
Raider Express Inc. TX$1.6M · 0.11%
Auto Rescue Solutions LLC TX$1.4M · 1.07%
Dee King Trucking, LP TX$1.4M · 1.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742989423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.