Plan Ledger DOL Form 5500 · updated monthly

Flinn Scientific, Inc.401(k)

FLINN SCIENTIFIC, INC. 401(K) PLAN · BATAVIA, IL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Flinn Scientific, Inc. reported $15,258 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,041 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 rose from 0.04% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Illinois (2,150th of 3,702), and 1,927th of 3,091 in educational services. In 2024, employees put in $5.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,763,854
Participants with balances293
Active participants175
Employer contributions$182,235
Employee contributions$988,059
Employer contribution per active participant$1,041
Average account balance$43,563
Benefits paid to participants$975,397
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 293 accts · $182K emplr
2023$10.8M · 296 accts · $160K emplr
2022$8.9M · 281 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,108
Investment management$8,150
Total administrative$15,258
The Flinn Scientific, Inc. 401(k) match · 2024
Employer contribution per active participant$1,041
Median for plans this size$2,416
2024$1,041 per active participant
2023$844 per active participant
2022$821 per active participant

Flinn Scientific, Inc.'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
SIKICH CPA LLC · Recordkeeping · Pension consulting$8,150
ADP, INC. · Loan processing · Recordkeeping$7,108
ADP BROKER-DEALER · Other servicesindirect comp
BENJAMIN F EDWARDS AND CO · Other servicesindirect 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$15,258 · 0.13%
2023$4,295 · 0.04%
2022$4,025 · 0.04%
Same employer
Similar plansEducational Services · Illinois
Wheaton Academy IL$12.7M · 0.23%
Vision for Hope IL$11.5M · 0.94%
Elgin Academy IL$11.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362926914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.