Retirement plan

FLINTCO, LLC SAVINGS PLUS PLAN

Name: FLINTCO, LLC - FLINTCO, LLC SAVINGS PLUS PLAN (2022) Form 5500
Creator: FLINTCO, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLINTCO, LLC SAVINGS PLUS PLAN, FLINTCO, LLC

FLINTCO, LLCEIN 27-3321079Plan #001PY 2022

323 E RECONCILIATION WAY - TULSA, OK 741207804918-587-8451flintco.comLinkedIn501-1000 employeesconstruction

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$79.5M

-19.6% from 2021

Total participants

1,042

-0.2% from 2021

Average account balance

$76,256

-19.6% from 2021

Annual return

-18.96%

-33.18 pp from 2021

Benchmarks

See 1,393 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,393 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$113.53M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$96K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,181

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

91.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.66%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$113

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
BOKF, NA8+ years Service code 15 · EIN 73-0780382	Recordkeeping	$111,793
LITGITSTIX LLC1 year Service code 99 · EIN 73-1620789	Other Fees	$23,514

Plan features & details

Pension benefit codes2G2J2K2E2F2T3D

Plan features

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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$138K

$169 / participant

Contract admin$138K100.0%

% of EOY assets

0.174%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HOGANTAYLOR LLP
Auditor EIN: 731413977
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,256

$106,236-28.2%

$112,263-32.1%

$64,824+17.6%

Participation rate

100.0%

71.7%+28.3pp

75.1%+24.9pp

71.5%+28.5pp

Annual return

-18.96%

-6.02%-12.9pp

27.49%-46.4pp

32.84%-51.8pp

Employer contribution / active EE

$3,304

$3,167+4.3%

$3,636-9.1%

$2,507+31.8%

Participant deferral / active EE

$6,157

$3,786+62.6%

$4,729+30.2%

$4,311+42.8%

Admin fee / account holder

$133

$452-70.7%

$6,410-97.9%

$188-29.4%

Provider

Service type

Compensation

BOKF, NA8+ years

Service code 15 · EIN 73-0780382

Recordkeeping

$111,793

LITGITSTIX LLC1 year

Service code 99 · EIN 73-1620789

Other Fees

$23,514

FLINTCO, LLC SAVINGS PLUS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLINTCO, LLC SAVINGS PLUS 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