Plan Snapshot
- Plan Sponsor: Flexicon Corporation
- Sponsor EIN: 222045761
- Sponsor Address: 2400 EMRICK BOULEVARD, BETHLEHEM, PA, 18020
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 256
- Total Assets: $22.1M
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. |
|---|---|---|---|---|
| 2025 | 256 | $22.1M | $0 | $0 |
| 2024 | 198 | $20.7M | $222,226 | $1.2M |
| 2023 | 224 | $17.9M | $211,695 | $1.2M |
| 2022 | 225 | $14.8M | $234,467 | $1.2M |
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 |
|---|---|---|---|---|
| CORNERSTONE ADVISORS ASSET MANAGEME | Investment Advisor | $65,048 | — | $65,048 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,048
- Estimated Expense Ratio: 0.295% 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 |
|---|---|---|---|---|---|
| 2025 | $3,533,053 | $65,048 | $49,655 | — | — |
| 2024 | $105,943 | $58,229 | $45,609 | — | — |
| 2023 | $85,426 | — | $37,104 | — | — |
| 2022 | $87,954 | $45,000 | $35,894 | — | — |