Plan Snapshot
- Plan Sponsor: Flextrude Aluminum Shapes LLC
- Sponsor EIN: 881719952
- Sponsor Address: 2540 JEWETT LANE, STANFORD, FL, 32771
- Plan Type: 401(k)
- Total Participants: 177
- Total Assets: $1.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 177 | $1.6M | $219,360 | $592,227 |
| 2023 | 151 | $1.3M | $193,647 | $502,688 |
| 2022 | 106 | $693,907 | $41,674 | $124,407 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $12,545 | — | $12,545 |
| USI SECURITIES INC | Investment Advisor | — | $11,121 | $11,121 |
| ALLIANT INSURANCE SERVICES INC. | Recordkeeper | $8,314 | $3 | $8,317 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,983
- Estimated Expense Ratio: 1.975% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $19,194 | — | $19,194 | — | — |
| 2023 | $24,060 | $4,538 | $19,522 | — | — |
| 2022 | $917 | — | $917 | — | — |