Plan Ledger DOL Form 5500 · updated monthly

Flender Corporation401(k)

FLENDER CORPORATION SAVINGS PLAN · ELGIN, IL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Flender Corporation reported $74,092 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $4,839 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 0.10% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,044th-largest of 3,702 plans among Illinois employers on file, and the 3,559th of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 167 to 188 since 2022.

Plan summary
Net assets, end of year$42,116,652
Participants with balances276
Active participants188
Employer contributions$909,717
Employee contributions$1,689,783
Employer contribution per active participant$4,839
Average account balance$152,597
Benefits paid to participants$2,641,183
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.1M · 276 accts · $910K emplr
2023$36.6M · 269 accts · $936K emplr
2022$29.9M · 238 accts · $910K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,020
Investment management$36,072
Total administrative$74,092
The Flender Corporation 401(k) match · 2024
Employer contribution per active participant$4,839
Median for plans this size$2,416
2024$4,839 per active participant
2023$5,170 per active participant
2022$5,448 per active participant

Flender Corporation's 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,120
MARSH & MCLENNAN COMPANIES INC · Investment advisory (plan)$36,072

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$74,092 · 0.19%
2023$56,199 · 0.17%
2022$31,532 · 0.10%
Same employer
Similar plansManufacturing · Illinois
Union Partners I LLC IL$42.5M · 0.33%
Th Foods, Inc. IL$42.3M · 0.01%
W.R. Meadows, Inc. IL$42.2M · 0.04%
Jst Corporation IL$41.6M · 0.40%
Viscofan USA, Inc. IL$41.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364477319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.