Plan Ledger DOL Form 5500 · updated monthly

The Flexitallic Group, Inc.401(k)

FLEXITALLIC GROUP 401(K) PROFIT SHARING PLAN · DEER PARK, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The Flexitallic Group, Inc. reported $4,563 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,169 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 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,455th-largest of 5,688 plans among Texas employers on file, and the 4,235th of 13,661 in manufacturing. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 236 to 291 since 2022.

Plan summary
Net assets, end of year$32,483,114
Participants with balances275
Active participants291
Employer contributions$631,297
Employee contributions$1,533,785
Employer contribution per active participant$2,169
Average account balance$118,120
Benefits paid to participants$2,731,712
Plan auditUnmodified (clean) audit opinion
AuditorHAM,LANGSTON&BREZINA
Plan history3
Yearassets · accounts · employer contribution
2024$32.5M · 275 accts · $631K emplr
2023$28.7M · 326 accts · $411K emplr
2022$19.3M · 287 accts · $321K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,563
Total administrative$4,563
The The Flexitallic Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,169
Median for plans this size$2,416
2024$2,169 per active participant
2023$1,404 per active participant
2022$1,359 per active participant

The Flexitallic Group, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,563

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

Administrative cost history3
2024$4,563 · 0.01%
2023$4,508 · 0.02%
2022$4,544 · 0.02%
Same employer
Similar plansManufacturing · Texas
Satake USA, Inc. TX$33.5M · 0.08%
Venator TX$33.2M · 0.07%
Time Manufacturing Company TX$33.2M · 1.19%
Transworld Oil U.S.A., Inc. TX$33.2M · 0.11%
Kent Moore Cabinets, LTD. TX$32.3M · 0.26%
Atec, Inc. TX$32.2M · 0.38%
Orora Visual, LLC TX$32.1M · 0.13%
Sivalls, Inc. TX$32.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760483678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.