Plan Snapshot
- Plan Sponsor: Flexaseal Engineered Seals And Systems, LLC 401(K) Profit Sharing Plan
- Sponsor EIN: 853429227
- Sponsor Address: 291 HURRICANE LANE, WILLISTON, VT, 05495
- Plan Type: 401(k)
- Total Participants: 180
- Total Assets: $12.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 180 | $12.5M | $443,183 | $861,032 |
| 2023 | 159 | $10.0M | $379,309 | $733,351 |
| 2022 | 142 | $7.9M | $327,916 | $618,431 |
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 |
|---|---|---|---|---|
| KITTELL BRANAGAN & SARGENT, CPA | Auditor | $594 | — | $594 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $594
- Estimated Expense Ratio: 0.005% 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 | $51,967 | $32,962 | $1,817 | $594 | — |
| 2023 | $56,282 | $32,311 | $6,676 | $6,055 | — |
| 2022 | $37,501 | — | $31,574 | — | $5,927 |