Plan Ledger DOL Form 5500 · updated monthly

Fls Connect, LLC401(k)

FLS CONNECT 401(K) PLAN · SAINT PAUL, MN · plan year 2022

Reported admin expense ratio · 2022
0.62%

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

Fls Connect, LLC reported $35,033 in plan administrative expenses for 2022: 0.62% of average plan assets, above the peer median. Employer contributions averaged $1,133 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,571st of 1,918), and 9,710th of 11,654 in professional & technical services. In 2022, employees put in $3.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,224,206
Participants with balances81
Active participants88
Employer contributions$99,669
Employee contributions$298,654
Employer contribution per active participant$1,133
Average account balance$64,496
Benefits paid to participants$113,602
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS-KEEPERS LLC
The Fls Connect, LLC 401(k) match · 2022
Employer contribution per active participant$1,133
Median for plans this size$1,114

Fls Connect, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$35,033 · 0.62%
Similar plansProfessional & Technical Services · Minnesota
Ambient Consulting, LLC MN$5.6M · 0.34%
Trexin Consulting, LLC MN$5.6M · 0.72%
Drip Global, Inc. MN$5.0M · 0.38%
Growthzone LLC MN$5.0M · 0.89%
Atomic Data, LLC MN$4.7M · 0.20%
Willette Acquisition Corp MN$4.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860960841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.