Plan Snapshot
- Plan Sponsor: Flowserve Corporation
- Sponsor EIN: 310267900
- Sponsor Address: 5215 NORTH O'CONNOR BLVD. STE 700, IRVING, TX, 75039
- Plan Type: DB
- Total Participants: 4,039
- Total Assets: $362.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,039 | $362.5M | $10.0M | $0 |
| 2023 | 4,630 | $381.1M | $20.0M | $0 |
| 2022 | 4,514 | $367.0M | $2.0M | $0 |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON | ACTUARY | $550,686 | — | $550,686 |
| T. ROWE PRICE | RECORDKEEPER | $288,060 | — | $288,060 |
| LEGAL AND GENERAL | INVESTMENT MANAGEMENT | $140,138 | — | $140,138 |
| NORTHERN TRUST COMPANY | TRUSTEE | $127,196 | — | $127,196 |
| WELLINGTON TRUST COMPANY | INVESTMENT MANAGEMENT | $33,790 | — | $33,790 |
| JP MORGAN INVESTMENT MANAGEMENT INC | INVESTMENT MANAGEMENT | $27,717 | — | $27,717 |
| STATE STREET RESEARCH & MANAGEMENT | INVESTMENT MANAGEMENT | $27,711 | — | $27,711 |
| WHITLEY PENN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON — ACTUARY
- JP MORGAN INVESTMENT MANAGEMENT INC — INVESTMENT MANAGEMENT
- WHITLEY PENN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,195,298
- Estimated Expense Ratio: 0.330% 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 | $4,204,479 | $229,375 | — | — | — |
| 2023 | $3,839,985 | $189,661 | — | — | — |
| 2022 | $1,972,962 | $661,937 | $672,667 | — | — |