Plan Ledger DOL Form 5500 · updated monthly

Flux Power, Inc.401(k)

FLUX POWER, INC. 401(K) PLAN · VISTA, CA · plan year 2022

Reported admin expense ratio · 2022
1.23%

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

Flux Power, Inc. reported $26,414 in plan administrative expenses for 2022: 1.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $571 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 manufacturing employers. By assets it is among the smaller plans on file in California (8,205th of 9,483), and 12,726th of 13,661 in manufacturing. In 2022, employees put in $8.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,216,116
Participants with balances96
Active participants121
Employer contributions$69,143
Employee contributions$595,424
Employer contribution per active participant$571
Average account balance$23,085
Benefits paid to participants$269,896
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTUIONS, CPAS, INC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,414
Total administrative$26,414
The Flux Power, Inc. 401(k) match · 2022
Employer contribution per active participant$571
Median for plans this size$1,114

Flux Power, Inc.'s 2022 employer contribution ran below 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$26,414 · 1.23%
Same employer
Similar plansManufacturing · California
Delta Hi-Tech, Inc. CA$2.2M · 0.93%
Farmwise Labs, Inc. CA$2.2M · 0.20%
Epic Sheet Metal, Inc. CA$2.2M · 1.41%
Westak, Inc. CA$2.2M
Jsl Foods Inc CA$2.2M · 0.12%
Del West USA CA$2.2M · 0.05%
San Francisco Foods LLC CA$2.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271142066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.