Department of Labor filing

FLANDERS ELECTRIC MOTOR SERVICE, LLC

FLANDERS ELECTRIC MOTOR SERVICE, LLC 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 10, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

55filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$2,430

Reported employer contributions per active participant.

Higher than about 74% of comparable plans

#People in the filing

475

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$331 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 9% of comparable plans

↗Investment performance

Not available

Plan assets changed -3.2%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202455out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions74th percentileTypical peer $1,487 · based on 210 comparable plans

Lower reported administrative expense9th percentileTypical peer $149 · based on 216 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, FLANDERS ELECTRIC MOTOR SERVICE, LLC reported $1,154,390 in employer contributions across the plan and 475 active participants. That works out to $2,430 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy68%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 11.4%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 60.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context55/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,154,390
Participant contributions: $3,496,455
Other contributions: $377,019
Employer share of reported contributions: 24.8%
Beginning assets: $47,550,019
Ending assets: $46,043,655
Ending net assets: $46,043,655
Ending liabilities: $0
Total income: $10,315,431
Total expenses: $11,821,795
Administrative expenses: $233,146
Participant loans: $664,128

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,182

2023

$2,235

2024

$2,430

Plan-paid administrative expenses per participant

2022

$206

2023

$214

2024

$331

Active participants

2022

473

2023

501

2024

475

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$2,430	475	46M	20251010100551NAL0007918673001
2023	$2,235	501	47.6M	20241014135657NAL0044775168001
2022	$2,182	473	42.7M	20231010161943NAL0028654257001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.4%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 351072135-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Dec 31, 1977
Industry: Other services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K3D2T2S

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
EMPOWER ANNUITY INSURANCE COMPANY	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251010100551NAL0007918673001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗