Plan Ledger DOL Form 5500 · updated monthly

Flexaseal Engineered Seals and Systems, LLC 401(K) Profit Sharing Plan401(k)

FLEXASEAL ENGINEERED SEALS AND SYSTEMS, LLC 401(K) PROFIT SHARING PLAN · WILLISTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Flexaseal Engineered Seals and Systems, LLC 401(K) Profit Sharing Plan reported $51,967 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,462 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 1 year on file its reported administrative ratio fell from 0.63% to 0.46%. 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 among the smaller plans on file in Vermont (134th of 230), and 7,866th of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,519,010
Participants with balances141
Active participants180
Employer contributions$443,183
Employee contributions$861,032
Employer contribution per active participant$2,462
Average account balance$88,787
Benefits paid to participants$362,416
Plan auditUnmodified (clean) audit opinion
AuditorKITTELL BRANAGAN & SARGENT, CPA
Plan history2
Yearassets · accounts · employer contribution
2024$12.5M · 141 accts · $443K emplr
2023$10.0M · 135 accts · $379K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,411
Investment management$32,962
Audit (IQPA)$594
Total administrative$51,967
The Flexaseal Engineered Seals and Systems, LLC 401(K) Profit Sharing Plan 401(k) match · 2024
Employer contribution per active participant$2,462
Median for plans this size$2,416
2024$2,462 per active participant
2023$2,386 per active participant

Flexaseal Engineered Seals and Systems, LLC 401(K) Profit Sharing Plan's 2024 employer contribution ran above the $2,416 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 · 20242
MORGAN STANLEY · Investment advisory (plan)$32,962
CAPITAL GROUP RETIREMENT PLAN SVCS$16,594

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

Administrative cost history2
2024$51,967 · 0.46%
2023$56,282 · 0.63%
Same employer
Similar plansManufacturing · Vermont
New England Woodcraft, Inc VT$13.9M · 0.02%
Twincraft, Inc. VT$13.6M · 0.13%
Onlogic, Inc. VT$13.3M · 0.50%
Champlain Chocolate Company VT$11.8M · 0.09%
Nsa Industries, LLC VT$11.4M · 0.75%
Rhino Foods, Inc. VT$10.9M · 0.69%
Tivoly, Inc. VT$8.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853429227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.