Plan Snapshot
- Plan Sponsor: Flex-N-Gate LLC
- Sponsor EIN: 371049734
- Sponsor Address: 502 ANTHONY DRIVE, URBANA, IL, 61802
- Plan Type: 401(k)
- Total Participants: 7,018
- Total Assets: $405.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,018 | $405.0M | $10.9M | $20.2M |
| 2023 | 9,001 | $354.6M | $11.1M | $19.8M |
| 2022 | 7,500 | $302.3M | $10.7M | $19.2M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN 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 | $420,539 | $76,019 | $154,813 | — | — |
| 2023 | $399,755 | $74,475 | $167,758 | — | — |
| 2022 | $480,329 | $32,311 | $406,371 | — | $41,647 |