Employers › Flowserve
Recordkeeping fees per participant · Flowserve Corporation Retirement Savings Plan · plan year 2024
$11.41
Higher than 15% of the 790 plans over $1B that report it.
= $71,886 / 6,301
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250912122106NAL0000967329001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912122106NAL0000967329001, received 2025-09-12
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-12.
Administrative expenses excluding investment management, per participant
$29.66
Higher than 27% of the 1,045 plans over $1B that report it.
= $186,916 / 6,301
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250912122106NAL0000967329001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912122106NAL0000967329001, received 2025-09-12
Administrative expenses per participant
$36.75
Higher than 17% of the 1,076 plans over $1B that report it.
= $231,547 / 6,301
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250912122106NAL0000967329001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912122106NAL0000967329001, received 2025-09-12
Administrative expenses as a share of assets
0.020%
Higher than 16% of the 1,076 plans over $1B that report it.
= $231,547 / $1,184,621,169
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250912122106NAL0000967329001, received 2025-09-12
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250912122106NAL0000967329001, received 2025-09-12
Employer contributions per participant
$3,093
Higher than 40% of the 1,135 plans over $1B that report it.
= $19,488,378 / 6,301
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250912122106NAL0000967329001, received 2025-09-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912122106NAL0000967329001, received 2025-09-12
Employer share of total contributions
27.6%
Higher than 31% of the 1,135 plans over $1B that report it.
= $19,488,378 / $70,507,001
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250912122106NAL0000967329001, received 2025-09-12
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250912122106NAL0000967329001, received 2025-09-12
Plan terms are described in Flowserve Corporation's SEC filings: Form 11-K filed 2022-06-10 and Form 10-K filed 2026-02-17. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250912122106NAL0000967329001, received 2025-09-12
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FLOWSERVE CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Plan name | FLOWSERVE CORPORATION RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Sponsor EIN / plan number | 31-0267900 / 008 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Sponsor location | IRVING, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Industry (business code) | 333200, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Filing received | 2025-09-12 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Participants, beginning of year | 6,640 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Active participants | 4,547 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Participants, end of year | 6,458 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Participants with an account balance | 6,301 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Total assets, beginning of year | $1,111,758,416 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Total assets, end of year | $1,184,621,169 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Net assets, end of year | $1,184,621,169 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Total income | $213,039,412 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Net income | $72,862,753 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Employer contributions | $19,488,378 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Participant contributions | $46,949,224 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Other contributions (incl. rollovers) | $4,069,399 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Total contributions | $70,507,001 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Benefit payments | $139,933,180 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Total expenses (incl. benefit payments) | $140,176,659 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Total administrative expenses | $231,547 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Recordkeeping fees | $71,886 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Investment advisory and management fees | $44,631 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Administrative expenses excluding investment management | $186,916 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Held in common/collective trusts | $888,797,850 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Held in mutual funds | $254,043,174 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250912122106NAL0000967329001, received 2025-09-12 |
| Independent auditor | WHITLEY PENN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250912122106NAL0000967329001, received 2025-09-12 |
Position = column in the DOL layout for form year 2024. Filing 20250912122106NAL0000967329001, received 2025-09-12.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MERCER | NONE | 16 Consulting (general); 50 Direct payment from the plan | $112,030 | no |
| T ROWE PRICE RPS INCrecordkeeper | NONE | 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 28 Investment management; 37 Participant loan processing; 38 Participant communication; 49 Other services; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 62 Float revenue; 64 Recordkeeping fees; 65 Account maintenance fees | $71,886 | yes |
| THE LAMPO GROUP, INC. | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $29,754 | no |
| RAMSEY SOLUTIONS | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $14,877 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250912122106NAL0000967329001, received 2025-09-12.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,111,758,416 | $1,184,621,169 | 6.6% |
| Participants with a balance | 6,528 | 6,301 | -3.5% |
| Administrative expenses | $233,263 | $231,547 | -0.7% |
| Recordkeeping fees per participant | $11.03 | $11.41 | 3.4% |
| Employer contributions | $17,486,261 | $19,488,378 | 11.4% |
Prior filing 20240926093902NAL0000562273001, received 2024-09-26; the plan years are contiguous.
Sponsor name as filed: FLOWSERVE CORPORATION; SEC registrant: FLOWSERVE CORP (CIK 30625, matched by EIN; display name from the Form 10-K cover).