Flynt Management Group LLC 401(k) Review & Grade
Flynt Entities 401(k) Plan
Los Angeles, CAInformation1,646 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$195Employer $ per active participant
$2,299Employee $ saved per active participant
0.51%Direct admin cost, % of plan assets
$34.4MNet plan assets, end of year
$31,290Average balance per account
Score breakdown
- Employer generosity4.9 / 5010th percentile for employer $ per participant
- Low cost5.7 / 2523th percentile for low admin cost vs. same-size plans
- Employee saving1.1 / 157th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score12 / 100 · Grade F
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 10th |
| Lower admin cost | 23th |
| Employee saving | 7th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $16,232 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Flynt Management Group put in about $195 per active participant, below the typical peer ($2,829). 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.
- Direct plan expenses (0.51% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $321,050 |
| Participant (employee) contributions | $3,783,823 |
| Other contributions (incl. rollovers in) | $94,031 |
| Administrative expenses paid from the plan | $156,169 |
| Investment advisory & management fees | $25,252 |
| Benefits paid out | $2,865,049 |
| Net assets, start / end of year | $27.4M / $34.4M |
| Active participants, start / end of year | 1,940 / 1,351 |
| Participants with account balances | 1,099 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $130,917 reported compensation |
| Usi Advisors, Inc | $25,252 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923051356NAL0006814784001, received 2025-09-23, EIN 90-0201220, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.