Plan Snapshot
- Plan Sponsor: Fr Flow Control Valves Us Bidco INC.
- Sponsor EIN: 834244368
- Sponsor Address: 29 OLD RIGHT ROAD, IPSWICH, MA, 01938
- Plan Type: 401(k)
- Total Participants: 381
- Total Assets: $31.7M
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 | 381 | $31.7M | $1.8M | $2.8M |
| 2023 | 433 | $25.9M | $1.7M | $2.7M |
| 2022 | 406 | $20.1M | $1.5M | $2.5M |
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 |
|---|---|---|---|---|
| GALLAGHER FIDUCIARY ADVISORS | NONE | $42,531 | — | $42,531 |
| THE VANGUARD GROUP, INC. | NONE | $36,485 | — | $36,485 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,016
- Estimated Expense Ratio: 0.249% 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 | $79,347 | $42,862 | $36,485 | — | — |
| 2023 | $49,319 | $32,541 | $16,778 | — | — |
| 2022 | $25,906 | $8,810 | $17,096 | — | — |