Plan Ledger DOL Form 5500 · updated monthly

Foreflight LLC401(k)

FOREFLIGHT LLC 401(K) PROFIT SHARING PLAN AND TRUST · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Foreflight LLC reported $113,825 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $10,348 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 0.06% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,200th-largest of 5,688 plans among Texas employers on file, and the 606th of 2,199 in information & media. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 283 to 434 since 2022.

Plan summary
Net assets, end of year$41,883,916
Participants with balances454
Active participants434
Employer contributions$4,491,242
Employee contributions$5,111,307
Employer contribution per active participant$10,348
Average account balance$92,255
Benefits paid to participants$1,295,277
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.9M · 454 accts · $4.5M emplr
2023$27.4M · 385 accts · $3.4M emplr
2022$17.9M · 308 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,710
Investment management$67,115
Total administrative$113,825
The Foreflight LLC 401(k) match · 2024
Employer contribution per active participant$10,348
Median for plans this size$2,416
2024$10,348 per active participant
2023$8,599 per active participant
2022$8,933 per active participant

Foreflight LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20243
FID INV INST OPS CO · Recordkeeping · Loan processing$46,710
USI SECURITIES INC · Investment advisory (plan)$61,191
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,924

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

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

Administrative cost history3
2024$113,825 · 0.33%
2023$70,111 · 0.31%
2022$9,752 · 0.06%
Same employer
Similar plansInformation & Media · Texas
Bearcom Operating, L.L.C. TX$53.3M · 0.03%
Statacorp LLC TX$46.4M · 0.01%
Asure Operations LLC TX$42.0M · 0.40%
Encoura, LLC TX$41.8M · 0.18%
Argus Media, Inc. TX$40.3M · 0.04%
Frost and Sullivan TX$37.3M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 261496133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.