Plan Ledger DOL Form 5500 · updated monthly

Flood & Peterson Insurance, Inc.401(k)

FLOOD & PETERSON INSURANCE, INC. PROFIT SHARING PLAN · GREELEY, CO · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Flood & Peterson Insurance, Inc. reported $75,024 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $6,852 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 0.30% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 497th-largest of 1,461 plans among Colorado employers on file, and 2,973rd of 4,798 in finance & insurance. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 90 to 102 since 2022.

Plan summary
Net assets, end of year$21,046,398
Participants with balances157
Active participants102
Employer contributions$698,927
Employee contributions$1,192,776
Employer contribution per active participant$6,852
Average account balance$134,053
Benefits paid to participants$1,231,532
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 157 accts · $699K emplr
2023$17.6M · 137 accts · $616K emplr
2022$16.4M · 130 accts · $589K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,533
Investment management$49,786
Audit (IQPA)$17,705
Total administrative$75,024
The Flood & Peterson Insurance, Inc. 401(k) match · 2024
Employer contribution per active participant$6,852
Median for plans this size$2,416
2024$6,852 per active participant
2023$6,416 per active participant
2022$6,546 per active participant

Flood & Peterson Insurance, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
INNOVEST PORTFOLIO SOLUTIONS LLC · Investment advisory (plan)$49,786
RUBIN BROWN LLP · Accounting / audit$17,705

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$75,024 · 0.39%
2023$66,211 · 0.39%
2022$53,795 · 0.30%
Same employer
Similar plansFinance & Insurance · Colorado
Amg National Corp CO$33.1M · 0.01%
Delta Dental of Colorado CO$29.3M · 0.28%
Cqg, Inc. CO$21.6M · 0.10%
Ksl Advisors, LLC CO$20.6M · 0.22%
Et Investments, LLC CO$18.6M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840475762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.