Plan Ledger DOL Form 5500 · updated monthly

Flow Companies, LLC401(k)

FLOW COMPANIES 401(K) RETIREMENT PLAN · WINSTON SALEM, NC · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Flow Companies, LLC reported $86,052 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $236 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 0.15% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 459th-largest of 2,005 plans among North Carolina employers on file, and the 811th of 5,215 in retail trade. In 2024, employees put in $6.15 for every $1.00 the employer contributed; active participation has grown from 1,285 to 2,612 since 2022.

Plan summary
Net assets, end of year$39,110,168
Participants with balances769
Active participants2,612
Employer contributions$617,577
Employee contributions$3,795,506
Employer contribution per active participant$236
Average account balance$50,858
Benefits paid to participants$2,893,685
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.1M · 769 accts · $618K emplr
2023$32.4M · 629 accts · $543K emplr
2022$25.9M · 535 accts · $479K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,692
Investment management$49,360
Total administrative$86,052
The Flow Companies, LLC 401(k) match · 2024
Employer contribution per active participant$236
Median for plans this size$2,416
2024$236 per active participant
2023$359 per active participant
2022$373 per active participant

Flow Companies, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$36,692
FIRST CITIZENS BANK INST TRUST · Investment advisory (plan)$35,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,360

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$86,052 · 0.24%
2023$70,615 · 0.24%
2022$41,674 · 0.15%
Same employer
Similar plansRetail Trade · North Carolina
Echopark Automotive, Inc. NC$41.4M · 0.34%
Crossroads Ford, Inc. NC$40.9M · 0.08%
Phe, Inc. NC$39.4M · 0.19%
Quality Equipment, LLC NC$39.4M · 0.34%
Alfred Williams & Company NC$39.1M · 0.37%
Colony Tire Corporation NC$38.8M · 0.63%
Furnitureland South, Inc. NC$38.8M · 0.17%
The Keffer Company NC$35.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562121218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.