Plan Ledger DOL Form 5500 · updated monthly

Fletchline, Inc.401(k)

FLETCHLINE, INC. 401(K) PROFIT SHARING PLAN · SPRINGFIELD, TN · plan year 2022

Employer contribution per participant · 2022
$889

Fletchline, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,974,517 across 41 participant accounts, with employer contributions averaging $889 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Tennessee (1,313th of 1,496), and 4,837th of 5,337 in construction. In 2022, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,974,517
Participants with balances41
Active participants155
Employer contributions$137,803
Employee contributions$324,682
Employer contribution per active participant$889
Average account balance$48,159
Benefits paid to participants$60,055
Plan auditUnmodified (clean) audit opinion
AuditorKENDRA G. MELNYK, CPA
The Fletchline, Inc. 401(k) match · 2022
Employer contribution per active participant$889
Median for plans this size$1,114

Fletchline, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. 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.

Same employer
Similar plansConstruction · Tennessee
Jarrett Builders, Inc TN$2.6M · 2.29%
Acme Block & Brick, Inc. TN$2.3M · 0.07%
Dement LLC TN$2.2M · 0.77%
Team Construction, LLC TN$2.0M · 0.02%
Rackley Solutions, LLC TN$1.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010707734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.