Plan Ledger DOL Form 5500 · updated monthly

Flushing Bank401(k)

FLUSHING BANK 401(K) SAVINGS PLAN · UNIONDALE, NY · plan year 2025

Reported admin expense ratio · 2025
0.09%

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

Flushing Bank reported $113,968 in plan administrative expenses for 2025: 0.09% of average plan assets, below the peer median. Employer contributions averaged $5,711 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 3 years on file its reported administrative ratio fell from 0.15% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 632nd-largest of 5,648 plans among New York employers on file, and the 795th of 4,798 in finance & insurance. In 2025, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 469 to 570 since 2022.

Plan summary
Net assets, end of year$135,553,002
Participants with balances671
Active participants570
Employer contributions$3,255,058
Employee contributions$5,137,415
Employer contribution per active participant$5,711
Average account balance$202,016
Benefits paid to participants$9,888,881
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$135.6M · 671 accts · $3.3M emplr
2024$121.5M · 686 accts · $4.2M emplr
2023$112.3M · 677 accts · $3.3M emplr
2022$106.2M · 686 accts · $5.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$58,968
Investment management$55,000
Total administrative$113,968
The Flushing Bank 401(k) match · 2025
Employer contribution per active participant$5,711
Median for plans this size$4,093
2025$5,711 per active participant
2024$8,784 per active participant
2023$6,993 per active participant
2022$10,596 per active participant

Flushing Bank's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
MORGAN STANLEY · Investment advisory (plan)$55,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Flushing Bank 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).

Administrative cost history4
2025$113,968 · 0.09%
2024$141,253 · 0.12%
2023$176,317 · 0.16%
2022$171,400 · 0.15%
Same employer
Similar plansFinance & Insurance · New York
Allen Operations LLC NY$136.2M · 0.00%
Greystone & Co., Inc. NY$136.0M · 0.04%
Soros Fund Management LLC NY$133.1M · 0.04%
Ridgewood Savings Bank NY$132.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412231564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.