Plan Ledger DOL Form 5500 · updated monthly

Flex Films USA, Inc.401(k)

FLEX FILM INC. RASHMI 401K PLAN · ELIZABETHTOWN, KY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Flex Films USA, Inc. reported $2,719 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,163 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 fell from 0.24% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (734th of 871), and 12,401st of 13,661 in manufacturing. In 2024, employees put in $2.63 for every $1.00 the employer contributed; active participation has grown from 138 to 170 since 2022.

Plan summary
Net assets, end of year$2,799,006
Participants with balances349
Active participants170
Employer contributions$197,643
Employee contributions$519,328
Employer contribution per active participant$1,163
Average account balance$8,020
Benefits paid to participants$188,460
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 349 accts · $198K emplr
2023$2.0M · 309 accts · $170K emplr
2022$1.1M · 268 accts · $81K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,719
Total administrative$2,719
The Flex Films USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,163
Median for plans this size$1,313
2024$1,163 per active participant
2023$1,166 per active participant
2022$586 per active participant

Flex Films USA, Inc.'s 2024 employer contribution ran below the $1,313 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.

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 · 20241
ADP, INC. · Recordkeeping$2,718

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$2,719 · 0.11%
2023$2,891 · 0.19%
2022$2,663 · 0.24%
Same employer
Similar plansManufacturing · Kentucky
Univance, Inc. KY$3.0M · 0.78%
Dunaway Timber Company KY$2.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452405615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.