Plan Snapshot
- Plan Sponsor: Flatland Holdings, INC.
- Sponsor EIN: 263266384
- Sponsor Address: 11400 WEST COUNTY RD 30, MIDLAND, TX, 79707
- Plan Type: 401(k)
- Total Participants: 325
- Total Assets: $6.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 325 | $6.2M | $410,672 | $716,787 |
| 2023 | 298 | $5.2M | $395,509 | $674,353 |
| 2022 | 225 | $3.7M | $363,554 | $590,987 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PSK, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PSK, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $30,229 | $15,266 | $4,895 | — | — |
| 2023 | $23,053 | $21,420 | $1,633 | — | — |
| 2022 | $18,177 | $16,608 | $1,569 | — | — |