Plan Ledger DOL Form 5500 · updated monthly

Flexera Software LLC401(k)

FLEXERA SOFTWARE LLC 401(K) PLAN · ITASCA, IL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Flexera Software LLC reported $111,574 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $2,359 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 0.12% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 461st-largest of 3,702 plans among Illinois employers on file, and the 261st of 2,199 in information & media. In 2024, employees put in $6.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$130,786,429
Participants with balances788
Active participants491
Employer contributions$1,158,438
Employee contributions$7,288,638
Employer contribution per active participant$2,359
Average account balance$165,973
Benefits paid to participants$15,315,339
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER CO, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$130.8M · 788 accts · $1.2M emplr
2023$119.7M · 839 accts · $1.3M emplr
2022$99.6M · 874 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,623
Investment management$76,951
Total administrative$111,574
The Flexera Software LLC 401(k) match · 2024
Employer contribution per active participant$2,359
Median for plans this size$3,635
2024$2,359 per active participant
2023$2,318 per active participant
2022$2,726 per active participant

Flexera Software LLC's 2024 employer contribution ran below the $3,635 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 · 20243
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$50,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,933
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$26,951

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$111,574 · 0.09%
2023$123,196 · 0.11%
2022$133,246 · 0.12%
Same employer
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Cision US, Inc. IL$156.1M
Groupon, Inc. IL$123.9M · 0.08%
International Code Council IL$119.8M · 0.19%
Careerbuilder, LLC IL$106.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262093996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.