Plan Ledger DOL Form 5500 · updated monthly

The Flippen Group, LLC401(k)

THE FLIPPEN GROUP RETIREMENT PLAN · COLLEGE STATION, TX · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

The Flippen Group, LLC reported $120,944 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,099 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 0.76% to 0.81%. 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 2,278th-largest of 5,688 plans among Texas employers on file, and 6,209th of 11,654 in professional & technical services. In 2024, employees put in $4.10 for every $1.00 the employer contributed; active participation has grown from 176 to 209 since 2022.

Plan summary
Net assets, end of year$16,638,652
Participants with balances214
Active participants209
Employer contributions$438,649
Employee contributions$1,797,916
Employer contribution per active participant$2,099
Average account balance$77,751
Benefits paid to participants$517,914
Plan auditUnmodified (clean) audit opinion
AuditorSEIDEL SCHROEDER
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 214 accts · $439K emplr
2023$13.3M · 206 accts · $396K emplr
2022$10.0M · 187 accts · $297K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,946
Investment management$21,499
Total administrative$120,944
The The Flippen Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,099
Median for plans this size$2,416
2024$2,099 per active participant
2023$1,960 per active participant
2022$1,688 per active participant

The Flippen Group, 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$77,946
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$42,998

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$120,944 · 0.81%
2023$89,949 · 0.77%
2022$77,762 · 0.76%
Same employer
Similar plansProfessional & Technical Services · Texas
Rock Capital Holdings LLC TX$16.9M · 0.57%
Bandini Enterprises, Inc. TX$16.9M · 0.37%
M&S Engineering, LLC TX$16.6M · 0.17%
Tanknology Inc. TX$16.6M · 0.56%
Sparkcognition, Inc. TX$16.6M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 742900345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.