Plan Snapshot
- Plan Sponsor: Flippo Construction Company, INC
- Sponsor EIN: 520936945
- Sponsor Address: 3820 PENN BELT PLACE, FORESTVILLE, MD, 207474732
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $10.6M
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 | 130 | $10.6M | $61,996 | $503,897 |
| 2023 | 167 | $9.5M | $81,816 | $587,637 |
| 2022 | 164 | $8.6M | $84,428 | $600,500 |
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 |
|---|---|---|---|---|
| MN BLUM | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MN BLUM — 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 | $61,662 | $24,516 | $37,146 | — | — |
| 2023 | $55,441 | $21,893 | $33,548 | — | — |
| 2022 | $57,950 | $23,192 | $34,758 | — | — |