Plan Ledger DOL Form 5500 · updated monthly

Flexe, Inc.401(k)

FLEXE, INC. 401(K) PLAN · SEATTLE, WA · plan year 2025

Reported admin expense ratio · 2025
0.14%

Flexe, Inc. reported $31,703 in plan administrative expenses for 2025: 0.14% of average plan assets, below the peer median. 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 rose from 0.02% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 613th-largest of 1,714 plans among Washington employers on file, and the 650th of 2,677 in transportation & warehousing. active participation has shrunk from 467 to 123 since 2022.

Plan summary
Net assets, end of year$23,940,729
Participants with balances319
Active participants123
Employer contributions—
Employee contributions$2,052,519
Employer contribution per active participant—
Average account balance$75,049
Benefits paid to participants$4,156,775
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$23.9M · 319 accts
2024$21.8M · 386 accts · $387K emplr
2023$22.6M · 503 accts · $782K emplr
2022$15.3M · 601 accts · $1.2M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$3,698
Investment management$28,005
Total administrative$31,703
What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
BETTERMENT FOR BUSINESS LLC · Investment advisory (plan)$31,703

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

Administrative cost history4
2025$31,703 · 0.14%
2024$375 · 0.00%
2023$1,275 · 0.01%
2022$1,875 · 0.02%
Same employer
Similar plansTransportation & Warehousing · Washington
Convoy, Inc. WA$34.8M · 0.24%
Transgroup Express, LLC WA$28.3M · 0.53%
Highline Grain Growers, Inc WA$22.6M · 0.22%
Honolulu Freight Service WA$22.3M · 0.55%
Trans-System, Inc. WA$21.9M · 0.32%
Abc Legal Holdings, LLC. WA$17.9M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463367300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.