Plan Ledger DOL Form 5500 · updated monthly

Flotek Industries, Inc.401(k)

FLOTEK INDUSTRIES, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Flotek Industries, Inc. reported $33,439 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,233 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 0.18% to 0.19%. 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 2,094th-largest of 5,688 plans among Texas employers on file, and the 6,095th of 13,661 in manufacturing. In 2024, employees put in $3.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,129,201
Participants with balances263
Active participants137
Employer contributions$305,942
Employee contributions$1,179,813
Employer contribution per active participant$2,233
Average account balance$72,735
Benefits paid to participants$1,137,310
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 263 accts · $306K emplr
2023$16.5M · 274 accts · $311K emplr
2022$14.2M · 276 accts · $322K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,660
Investment management$4,779
Total administrative$33,439
The Flotek Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,233
Median for plans this size$2,416
2024$2,233 per active participant
2023$2,206 per active participant
2022$2,317 per active participant

Flotek Industries, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,660

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$33,439 · 0.19%
2023$28,339 · 0.19%
2022$27,646 · 0.18%
Same employer
Similar plansManufacturing · Texas
Blackbeard Management, LLC TX$19.6M · 0.33%
Accent Packaging, Inc. TX$19.5M · 0.49%
S-Tec Corporation TX$19.5M · 0.03%
Build a Sign LLC TX$19.0M · 0.24%
Aspen Enterprises, LTD. TX$18.9M · 0.15%
Presco Polymers Opco, Inc. TX$18.9M · 0.19%
Nexperia USA Inc. TX$18.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900023731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.