Plan Ledger DOL Form 5500 · updated monthly

Florstar Sales, Inc.401(k)

FLORSTAR SALES, INC. RETIREMENT AND INCENTIVE PLAN · ROMEOVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Florstar Sales, Inc. reported $86,747 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,119 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 0.28% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,464th-largest of 3,702 plans among Illinois employers on file, and the 1,546th of 4,246 in wholesale trade. In 2024, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,628,484
Participants with balances124
Active participants119
Employer contributions$252,158
Employee contributions$722,984
Employer contribution per active participant$2,119
Average account balance$206,681
Benefits paid to participants$1,744,911
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 124 accts · $252K emplr
2023$23.3M · 131 accts · $250K emplr
2022$19.5M · 133 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,747
Total administrative$86,747
The Florstar Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$2,119
Median for plans this size$2,416
2024$2,119 per active participant
2023$2,015 per active participant
2022$2,055 per active participant

Florstar Sales, Inc.'s 2024 employer contribution ran below 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$59,653
GLOBAL RETIREMENT PARTNE · Investment advisory (plan)$21,561
WELLTH ADVISORY SERVICES · Investment advisory (plan)$17,085
THE RETIREMENT ADVANTAGE, INC. · 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$86,747 · 0.35%
2023$65,215 · 0.30%
2022$60,619 · 0.28%
Same employer
Similar plansWholesale Trade · Illinois
Trim-Rite, Inc. IL$27.6M · 0.33%
Gerflor USA Inc IL$27.0M · 0.39%
Georgia Nut Company IL$26.1M · 0.21%
O'Brien Steel Service Co. IL$25.9M · 0.17%
Swiss Steel USA, Inc. IL$25.2M · 0.40%
Metal One America, Inc. IL$24.6M · 0.20%
Amtex Supply Holdings, Inc. IL$24.4M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363574783 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.