# Flippo Construction Company, INC 401(k) Plan
Source: https://planprovider.pro/companies/flippo-construction-company-inc-401k-plan

> Flippo Construction Company, INC's 401(k) plan: 130 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$37,146|—|$37,146|

| KESTRA ADVISORY SERVICES, LLC|INVESTMENT ADVISORY|$24,516|$3|$24,519|

| MN BLUM|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [KESTRA ADVISORY SERVICES, LLC](https://planprovider.pro/provider/sentinel-group) — INVESTMENT ADVISORY

- [MN BLUM](https://planprovider.pro/provider/mn-blum-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $61,665

- **Estimated Expense Ratio:** 0.583% of plan assets

### 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|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/flippo-construction-company-inc-401k-plan)

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