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Employer · plans filed under one EIN

Flippo Construction Company, Inc.

Forestville, MD · Construction

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$19.8Mnet assets across plans
487participant records234 active
$789Kemployer contributions, latest plan years$3,374 per active record
$62KSchedule C compensation to organisations$126.62 per participant record

Flippo Construction Company, Inc., based in Forestville, Maryland, sponsors 2 retirement plans with 100 or more participants: 2 defined contribution. Together they reported 487 participant records and $19.8M in net assets.

The largest is Flippo Construction Company, Inc. Employee Stock Ownership Plan, an employee stock ownership plan with 319 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $789K and participant contributions $504K in the latest plan years; benefits paid were $1.4M. Schedule C compensation reported to service provider organisations totalled $62K.

Combined net assets moved from $15.9M in 2009 to $19.8M in 2024 (up 25%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Flippo Construction Company, Inc. Employee Stock Ownership Planemployee stock ownership plan2024319$9.2M$28,997$6,995$0
Flippo Construction Company, Inc. Savings & Retirement Plan401(k) plan2024168$10.6M$62,963$477$62K
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $15.9M2010: $17.9M2011: $11.0M2012: $10.0M2013: $10.9M2014: $11.4M2015: $11.3M2016: $12.5M2017: $12.5M2018: $12.6M2019: $14.7M2020: $15.9M2021: $18.5M2022: $17.0M2023: $18.7M2024: $19.8M$15.9M$19.8M20092012201620202024
Combined net assets
2009: 6692010: 6312011: 6572012: 6872013: 6252014: 5572015: 5662016: 5412017: 5042018: 5352019: 5212020: 5322021: 5332022: 5342023: 5282024: 48766968748720092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20242487$19.8M$789K$504K
20232528$18.7M$750K$588K
20222534$17.0M$600K$601K
20212533$18.5M$431K$607K
20202532$15.9M$319K$525K
20192521$14.7M$294K$486K
20182535$12.6M$223K$477K
20172504$12.5M$313K$451K
20162541$12.5M$358K$424K
20152566$11.3M$458K$375K
20142557$11.4M$534K$338K
20132625$10.9M$460K$353K
20122687$10.0M$562K$446K
20112657$11.0M$711K$508K
20102631$17.9M$1.4M$492K
20092669$15.9M$2.0M$523K

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Principal Life Insurance CompanyContract Administrator; Participant loan processing1$37,146
Kestra Advisory Services, LLCInvestment advisory (plan)1$24,519

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Principal Life Insurance Company$37K
Kestra Advisory Services, LLC$25K

Questions and answers

How many retirement plans does Flippo Construction Company, Inc. have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Flippo Construction Company, Inc. Employee Stock Ownership Plan and Flippo Construction Company, Inc. Savings & Retirement Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Flippo Construction Company, Inc. contribute to its plans?

$789,477 in employer contributions across these plans in their latest plan years, about $3,374 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Principal Life Insurance Company and Kestra Advisory Services, LLC. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.