Plan Ledger DOL Form 5500 · updated monthly

Flexicon Corporation401(k)

FLEXICON CORPORATION 401(K) PLAN · BETHLEHEM, PA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Flexicon Corporation reported $105,943 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,122 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 0.55%. 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 the 1,509th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,787th of 13,661 in manufacturing. In 2024, employees put in $5.25 for every $1.00 the employer contributed; active participation has shrunk from 225 to 198 since 2022.

Plan summary
Net assets, end of year$20,738,385
Participants with balances200
Active participants198
Employer contributions$222,226
Employee contributions$1,167,219
Employer contribution per active participant$1,122
Average account balance$103,692
Benefits paid to participants$993,842
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 200 accts · $222K emplr
2023$17.9M · 211 accts · $212K emplr
2022$14.8M · 208 accts · $234K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,714
Investment management$58,229
Total administrative$105,943
The Flexicon Corporation 401(k) match · 2024
Employer contribution per active participant$1,122
Median for plans this size$2,416
2024$1,122 per active participant
2023$945 per active participant
2022$1,042 per active participant

Flexicon Corporation'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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,036
CORNERSTONE ADVISORS ASSET MANAGEME · Investment advisory (participants)$58,229

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$105,943 · 0.55%
2023$85,426 · 0.52%
2022$87,954 · 0.54%
Same employer
Similar plansManufacturing · Pennsylvania
Bollman Hat Company PA$21.1M · 0.00%
Kerotest Industries, Inc. PA$21.1M · 0.00%
Nursery Supplies, Inc. PA$20.9M · 0.05%
G. O. Carlson, Inc. PA$20.8M · 0.20%
Finish Thompson, Inc. PA$20.5M · 0.07%
Libertas Copper, LLC PA$20.3M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222045761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.