Plan Ledger DOL Form 5500 · updated monthly

Flatiron Construction Corp.401(k)

FLATIRON CONSTRUCTION CORP. 401(K) PROFIT SHARING PLAN · BROOMFIELD, CO · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Flatiron Construction Corp. reported $441,226 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $6,936 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 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 69th-largest of 1,461 plans among Colorado employers on file, and the 257th of 5,337 in construction. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 1,244 to 1,572 since 2022.

Plan summary
Net assets, end of year$260,971,726
Participants with balances2,203
Active participants1,572
Employer contributions$10,902,774
Employee contributions$15,802,200
Employer contribution per active participant$6,936
Average account balance$118,462
Benefits paid to participants$25,968,996
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$261.0M · 2,203 accts · $10.9M emplr
2023$222.8M · 2,084 accts · $9.9M emplr
2022$179.7M · 1,952 accts · $8.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$251,980
Investment management$151,400
Audit (IQPA)$30,713
Total administrative$441,226
The Flatiron Construction Corp. 401(k) match · 2024
Employer contribution per active participant$6,936
Median for plans this size$3,635
2024$6,936 per active participant
2023$7,164 per active participant
2022$6,922 per active participant

Flatiron Construction Corp.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$251,980
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$86,909
USI ADVISORS INC. · Investment advisory (plan)$64,491
CLIFTONLARSONALLEN LLP · Accounting / audit$30,713
SHERMAN & HOWARD · Legal$7,133

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$441,226 · 0.18%
2023$385,326 · 0.19%
2022$377,943 · 0.19%
Same employer
Similar plansConstruction · Colorado
Summit Materials LLC CO$468.9M · 0.15%
Myr Group Inc. CO$221.6M · 0.09%
Isec, Inc. CO$118.2M · 0.10%
Century Communities, Inc. CO$113.2M · 0.13%
Encore Electric, Inc. CO$92.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043147491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.