Plan Ledger DOL Form 5500 · updated monthly

Flexcare LLC dba Flexcare Medical Staffing401(k)

FLEXCARE LLC 401(K) PLAN · ROSEVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
1.13%

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

Flexcare LLC dba Flexcare Medical Staffing reported $194,604 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $154 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 1.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 3,952nd-largest of 9,483 plans among California employers on file, and the 675th of 2,534 in administrative & support services. In 2024, employees put in $13.62 for every $1.00 the employer contributed; active participation has shrunk from 3,951 to 1,455 since 2022.

Plan summary
Net assets, end of year$17,723,233
Participants with balances960
Active participants1,455
Employer contributions$224,148
Employee contributions$3,053,813
Employer contribution per active participant$154
Average account balance$18,462
Benefits paid to participants$4,883,547
Plan auditUnmodified (clean) audit opinion
AuditorBFBA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 960 accts · $224K emplr
2023$16.8M · 2,088 accts · $432K emplr
2022$10.5M · 760 accts · $496K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$194,604
Total administrative$194,604
The Flexcare LLC dba Flexcare Medical Staffing 401(k) match · 2024
Employer contribution per active participant$154
Median for plans this size$2,416
2024$154 per active participant
2023$172 per active participant
2022$125 per active participant

Flexcare LLC dba Flexcare Medical Staffing's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$194,603
NEXT FINANCIAL GROUP INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$194,604 · 1.13%
2023$154,850 · 1.13%
2022$91,062 · 1.11%
Same employer
Similar plansAdministrative & Support Services · California
Crosscheck, Inc. CA$18.5M · 0.39%
Pursue Health LLC CA$17.4M · 0.46%
Docmagic, Inc. CA$17.3M · 0.07%
Ingenio, LLC CA$16.6M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205577402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.