Flexprint, LLC 401(k) Review & Grade
Flex Technology Group 401(k) Profit Sharing Plan and Trust
Mesa, AZOther Services1,252 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,255Employer $ per active participant
$6,254Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$113.5MNet plan assets, end of year
$73,635Average balance per account
Score breakdown
- Employer generosity36.3 / 5073th percentile for employer $ per participant
- Low cost13.5 / 2554th percentile for low admin cost vs. same-size plans
- Employee saving12.5 / 1583th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score72 / 100 · Grade B
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 73th |
| Lower admin cost | 54th |
| Employee saving | 83th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Flexprint put in about $2,255 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,824,563 |
| Participant (employee) contributions | $7,833,118 |
| Other contributions (incl. rollovers in) | $493,814 |
| Administrative expenses paid from the plan | $227,065 |
| Benefits paid out | $20,454,917 |
| Net assets, start / end of year | $109.8M / $113.5M |
| Active participants, start / end of year | 1,248 / 1,257 |
| Participants with account balances | 1,542 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Metz CPA, PLLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $2,200 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250926084224NAL0011586227001, received 2025-09-26, EIN 20-3268390, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.