Plan Snapshot
- Plan Sponsor: Flowserve Corporation
- Sponsor EIN: 310267900
- Sponsor Address: 5215 N. O'CONNOR BLVD., IRVING, TX, 75039
- Plan Type: 401(k)
- Total Participants: 4,547
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 4,547 | $1.2B | $19.5M | $46.9M |
| 2023 | 4,681 | $1.1B | $17.5M | $42.9M |
| 2022 | 4,566 | $988.5M | $16.9M | $41.2M |
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 |
|---|---|---|---|---|
| MERCER | NONE | $112,030 | — | $112,030 |
| T ROWE PRICE RPS INC | NONE | $71,886 | — | $71,886 |
| THE LAMPO GROUP, INC. | NONE | $29,754 | — | $29,754 |
| RAMSEY SOLUTIONS | NONE | $14,877 | — | $14,877 |
| WHITLEY PENN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WHITLEY PENN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $228,547
- Estimated Expense Ratio: 0.019% 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 | $231,547 | $44,631 | — | — | — |
| 2023 | $233,263 | $28,737 | — | — | — |
| 2022 | $193,239 | $57,935 | — | — | $71,870 |