Plan Ledger DOL Form 5500 · updated monthly

Flogistix, LP401(k)

FLOGISTIX, LP 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Flogistix, LP reported $139,609 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,147 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 0.76%. 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 241st-largest of 724 plans among Oklahoma employers on file, and the 5,736th of 13,661 in manufacturing. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 386 to 453 since 2022.

Plan summary
Net assets, end of year$21,081,929
Participants with balances516
Active participants453
Employer contributions$1,425,700
Employee contributions$2,219,645
Employer contribution per active participant$3,147
Average account balance$40,856
Benefits paid to participants$1,354,193
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON & SHELDON, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 516 accts · $1.4M emplr
2023$15.9M · 519 accts · $1.2M emplr
2022$12.3M · 420 accts · $815K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,670
Investment management$53,939
Total administrative$139,609
The Flogistix, LP 401(k) match · 2024
Employer contribution per active participant$3,147
Median for plans this size$2,416
2024$3,147 per active participant
2023$2,600 per active participant
2022$2,111 per active participant

Flogistix, LP's 2024 employer contribution ran above the $2,416 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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$41,196
EMPOWER ADVISORY GROUP, LLC · Investment management$12,742

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$139,609 · 0.76%
2023$103,417 · 0.73%
2022$92,636 · 0.73%
Same employer
Similar plansManufacturing · Oklahoma
Miratech Group, LLC OK$21.4M · 0.58%
Newell Coach Corporation OK$21.1M · 0.04%
D & L Manufacturing, Inc. OK$19.9M · 0.17%
Paragon Films, Inc. OK$19.3M · 0.42%
Parrish Enterprises, LTD. OK$19.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202249359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.