Filings through Oct 24, 2026.

Retirement plan

Flex-N-Gate Texas Union #119 401(k) Plan

Name: FLEX-N-GATE TEXAS LLC - FLEX-N-GATE TEXAS UNION #119 401(K) PLAN (2025) Form 5500
Creator: FLEX-N-GATE TEXAS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLEX-N-GATE TEXAS UNION #119 401(K) PLAN, FLEX-N-GATE TEXAS LLC

Flex-N-Gate Texas LLCEIN 20-2308514Plan #001PY 2025Filed Oct 12, 2026

502 E ANTHONY DR - URBANA, IL 618027347217-384-6600flex-n-gate.comLinkedIn10001+ employeesautomotive

Prospect flagsLow participationLow assets / participantLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.3M

+28.1% from 2024

Total participants

1,208

+23.1% from 2024

Average account balance

$17,060

+27.8% from 2024

Annual return

14.73%

+4.89 pp from 2024

Benchmarks

See 821 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort821 peers

Snapshot2025

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Analytics

See the 9-year trajectory with Pro.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 15 200 DRAYDEN ROAD · DRESHER, PA 19025	Recordkeeping	$12,569
PRINCIPAL FINANCIAL GROUP1 year Filed as: PRINCIPAL LIFE INSURANCE COMPANY Service code 13 · EIN 42-0127290	Contract Administrator	$1,413

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$14K

$13 / participant

Contract admin$14K100.0%

% of EOY assets

0.191%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

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Provider

Service type

Compensation

ASCENSUS LLC1 year

Filed as: ASCENSUS

Service code 15

200 DRAYDEN ROAD · DRESHER, PA 19025

Recordkeeping

$12,569

PRINCIPAL FINANCIAL GROUP1 year

Filed as: PRINCIPAL LIFE INSURANCE COMPANY

Service code 13 · EIN 42-0127290

Contract Administrator

$1,413

Flex-N-Gate Texas Union #119 401(k) Plan

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Flex-N-Gate Texas Union #119 401(k) Plan

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion