Flower City Group, Inc.401(k)
FLOWER CITY GROUP, INC. SAVINGS PLAN · ROCHESTER, NY · plan year 2022
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Flower City Group, Inc. reported $82,053 in plan administrative expenses for 2022: 0.43% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,388 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 0.43% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,715th-largest of 5,648 plans among New York employers on file, and the 6,440th of 13,661 in manufacturing. In 2022, employees put in $3.88 for every $1.00 the employer contributed.
Flower City Group, Inc.'s 2022 employer contribution ran below the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
This plan has changed recordkeepers within these filings. If you left Flower City Group, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 203200871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.