Plan Snapshot
- Plan Sponsor: Flex-N-Gate Texas LLC
- Sponsor EIN: 202308514
- Sponsor Address: 502 ANTHONY DRIVE, URBANA, IL, 61802
- Plan Type: 401(k)
- Total Participants: 806
- Total Assets: $5.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 806 | $5.7M | $445,624 | $743,190 |
| 2023 | 721 | $4.5M | $447,822 | $639,284 |
| 2022 | 482 | $3.2M | $419,205 | $609,809 |
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 | $13,788 | $2,262 | $5,829 | — | — |
| 2023 | $10,564 | $2,216 | $4,166 | — | — |
| 2022 | $9,834 | $1,088 | $8,361 | — | $385 |