Plan Ledger DOL Form 5500 · updated monthly

Flynn Gallagher Associates, LLC401(k)

FLYNN GALLAGHER ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

Flynn Gallagher Associates, LLC reported $117,891 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,570 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 has held roughly steady near 1.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 185th-largest of 437 plans among Nevada employers on file, and the 940th of 2,534 in administrative & support services. In 2024, employees put in $4.00 for every $1.00 the employer contributed; active participation has grown from 164 to 191 since 2022.

Plan summary
Net assets, end of year$11,192,369
Participants with balances239
Active participants191
Employer contributions$299,788
Employee contributions$1,199,148
Employer contribution per active participant$1,570
Average account balance$46,830
Benefits paid to participants$1,357,929
Plan auditUnmodified (clean) audit opinion
AuditorBOOS & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 239 accts · $300K emplr
2023$9.9M · 222 accts · $233K emplr
2022$8.3M · 208 accts · $221K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$117,891
Total administrative$117,891
The Flynn Gallagher Associates, LLC 401(k) match · 2024
Employer contribution per active participant$1,570
Median for plans this size$2,416
2024$1,570 per active participant
2023$1,474 per active participant
2022$1,347 per active participant

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

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE (U.S.A. · Recordkeeping · Investment management$1,890

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$117,891 · 1.12%
2023$97,423 · 1.07%
2022$87,156 · 1.13%
Similar plansAdministrative & Support Services · Nevada
Acadia Management, Inc. NV$48.7M · 0.60%
Brady Companies, LLC NV$37.0M · 0.43%
Discount Dumpsters, LLC NV$7.9M · 0.63%
Rbr Management LLC NV$5.5M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880410349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.