Plan Ledger DOL Form 5500 · updated monthly

Flooring Services, LLC401(k)

FLOORING SERVICES 401(K) PLAN · LEWISVILLE, TX · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Flooring Services, LLC reported $32,747 in plan administrative expenses for 2023: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,153 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 has held roughly steady near 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 2,829th-largest of 5,688 plans among Texas employers on file, and 2,845th of 5,337 in construction. In 2023, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,746,653
Participants with balances521
Active participants747
Employer contributions$861,266
Employee contributions$1,794,595
Employer contribution per active participant$1,153
Average account balance$22,546
Benefits paid to participants$1,011,336
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$11.7M · 521 accts · $861K emplr
2022$8.6M · 516 accts · $873K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$32,747
Total administrative$32,747
The Flooring Services, LLC 401(k) match · 2023
Employer contribution per active participant$1,153
Median for plans this size$2,440
2023$1,153 per active participant
2022$1,235 per active participant

Flooring Services, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MINNESOTA LIFE INSURANCE COMPANY · Contract administrator · Recordkeeping$9,234

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

Administrative cost history2
2023$32,747 · 0.32%
2022$25,544 · 0.31%
Same employer
Similar plansConstruction · Texas
Graco Interests, Inc. TX$12.0M · 0.15%
Scott Felder Homes LLC TX$11.7M · 0.21%
Oht Partners, LLC TX$11.7M · 0.65%
Electra Link, Inc. TX$11.7M · 0.80%
Gibson & Associates, Inc. TX$11.6M · 0.20%
Impact Floors of Texas, LLC TX$11.5M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751910910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.