Flint Hills Resources Pine Bend, LLC 401(k) Review & Grade
Flint Hills Resources Union Employees 401(k) Plan
Wichita, KSManufacturing578 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,072Employer $ per active participant
$15,760Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$248.4MNet plan assets, end of year
$406,554Average balance per account
Score breakdown
- Employer generosity37.9 / 5076th percentile for employer $ per participant
- Low cost17.3 / 2569th percentile for low admin cost vs. same-size plans
- Employee saving14.7 / 1598th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score73 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 76th |
| Lower admin cost | 69th |
| Employee saving | 98th |
| Peers that auto-enroll | 59% |
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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
- Flint Hills Resources Pine Bend put in about $4,072 per active participant, more than the typical peer ($2,320). 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.
- 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 | $2,355,741 |
| Participant (employee) contributions | $9,117,398 |
| Other contributions (incl. rollovers in) | $908,941 |
| Administrative expenses paid from the plan | $284,667 |
| Investment advisory & management fees | $198,777 |
| Benefits paid out | $14,869,698 |
| Net assets, start / end of year | $217.3M / $248.4M |
| Active participants, start / end of year | 566 / 591 |
| Participants with account balances | 611 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eide Bailly, LLP |
Largest service providers (Schedule C)
| Intellicents Investment Servic | $197,457 reported compensation |
| Schwab Retirement Plan Services,inc | $73,465 reported compensation |
| Eide Bailly LLP | $12,200 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251029095338NAL0000567187001, received 2025-10-29, EIN 61-1603905, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.