Plan Ledger DOL Form 5500 · updated monthly

Flexible Plan Investments, LTD401(k)

FLEXIBLE PLAN INVESTMENTS LTD 401(K) PLAN · BLOOMFIELD HILLS, MI · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Flexible Plan Investments, LTD reported $3,369 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,621 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Michigan (1,705th of 2,619), and 4,172nd of 4,798 in finance & insurance. In 2022, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,973,916
Participants with balances93
Active participants83
Employer contributions$217,504
Employee contributions$558,499
Employer contribution per active participant$2,621
Average account balance$85,741
Benefits paid to participants$1,898,536
Plan auditUnmodified (clean) audit opinion
AuditorRINGO & ASSOCIATES, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,355
Investment management$14
Total administrative$3,369
The Flexible Plan Investments, LTD 401(k) match · 2022
Employer contribution per active participant$2,621
Median for plans this size$1,114

Flexible Plan Investments, LTD's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,369 · 0.04%
Similar plansFinance & Insurance · Michigan
Wilson Partners II, LLC MI$10.0M · 0.25%
Oxford Bank MI$8.5M · 0.53%
Integra Partners MI$7.8M · 0.13%
Jolt Credit Union MI$7.8M · 0.05%
Financial Designs, Inc. MI$7.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382340348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.