1-800-Flowers Team Services, Inc. 401(k) Review & Grade
1-800-Flowers Team Services, Inc. Prototype 401(k) Profit-Sharing Plan
Jericho, NYRetail Trade3,603 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$438Employer $ per active participant
$4,126Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$218.2MNet plan assets, end of year
$56,412Average balance per account
Score breakdown
- Employer generosity16.5 / 5033th percentile for employer $ per participant
- Low cost11.6 / 2546th percentile for low admin cost vs. same-size plans
- Employee saving11.9 / 1579th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score37 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 33th |
| Lower admin cost | 46th |
| Employee saving | 79th |
| Peers that auto-enroll | 42% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $153,516 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- 1-800-Flowers Team Services put in about $438 per active participant, below the typical peer ($650). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $1,578,696 |
| Participant (employee) contributions | $14,865,358 |
| Other contributions (incl. rollovers in) | $1,596,864 |
| Administrative expenses paid from the plan | $279,697 |
| Contract administrator fees | $1,500 |
| Investment advisory & management fees | $23,452 |
| Other admin expenses | $188,957 |
| Benefits paid out | $23,159,751 |
| Net assets, start / end of year | $192.2M / $218.2M |
| Active participants, start / end of year | 3,361 / 3,845 |
| Participants with account balances | 3,868 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bdo USA PC |
Largest service providers (Schedule C)
| Rockefeller Financial LLC | $176,707 reported compensation |
| Fidelity Investments Institutional | $65,788 reported compensation |
| Strategic Advisors, Inc. | $23,452 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009102929NAL0010764400001, received 2025-10-09, EIN 11-3187400, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.