Plan Ledger DOL Form 5500 · updated monthly

Gallagher Flynn & Co., LLP401(k)

GALLAGHER FLYNN & CO., LLP 401(K) PROFIT SHARING PLAN · SOUTH BURLINGTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Gallagher Flynn & Co., LLP reported $50,327 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,105 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 fell from 0.32% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 92nd-largest of 230 plans among Vermont employers on file, and the 5,414th of 11,654 in professional & technical services. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has shrunk from 84 to 73 since 2022.

Plan summary
Net assets, end of year$20,810,211
Participants with balances113
Active participants73
Employer contributions$372,658
Employee contributions$917,498
Employer contribution per active participant$5,105
Average account balance$184,161
Benefits paid to participants$3,202,441
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 113 accts · $373K emplr
2023$20.3M · 121 accts · $269K emplr
2022$19.5M · 114 accts · $252K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,227
Audit (IQPA)$12,100
Total administrative$50,327
The Gallagher Flynn & Co., LLP 401(k) match · 2024
Employer contribution per active participant$5,105
Median for plans this size$2,416
2024$5,105 per active participant
2023$3,585 per active participant
2022$3,000 per active participant

Gallagher Flynn & Co., LLP'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 · 20244
LPL FINANCIAL LLC-RPCP · Recordkeeping$19,370
CARON AND BLETZER, PLLC · Accounting / audit$12,100
PLAN INTEGRITY PARTNERS, LLC · Plan administrator$1,800
NATIONWIDE · Contract administrator$1,658

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

Recordkeeper by year2
2024LPL Financial
2023LPL Financial

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

Administrative cost history3
2024$50,327 · 0.25%
2023$83,595 · 0.42%
2022$71,051 · 0.32%
Similar plansProfessional & Technical Services · Vermont
Chroma Technology Corp VT$32.2M · 0.01%
Dubois & King, Inc. VT$21.9M · 0.22%
Asic North, Inc. VT$20.8M · 0.17%
Cn Holdings, Inc. VT$16.2M · 0.30%
Itech US, Inc. VT$13.4M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030225774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.