Plan Snapshot
- Plan Sponsor: Flexton, INC.
- Sponsor EIN: 611547778
- Sponsor Address: 2590 NORTH 1ST STREET STE 101, SAN JOSE, CA, 95131
- Plan Type: 401(k)
- Total Participants: 88
- Total Assets: $2.5M
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 | 88 | $2.5M | $83,358 | $603,559 |
| 2023 | 97 | $1.9M | $59,840 | $608,070 |
| 2022 | 97 | $1.4M | $0 | $471,035 |
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 |
|---|---|---|---|---|
| CHUGH CPAS LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $1,755 | — | — | — | — |
| 2023 | $1,238 | — | — | — | — |
| 2022 | $1,125 | — | — | — | — |