Plan Snapshot
- Plan Sponsor: Holocraft Corporation D/B/A Flexcraft Company
- Sponsor EIN: 222304659
- Sponsor Address: 50 FLEXCRAFT DRIVE, NEPTUNE, NJ, 07753
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $3.8M
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 | 101 | $3.8M | $284,870 | $271,675 |
| 2023 | 107 | $3.3M | $251,157 | $238,941 |
| 2022 | 78 | $2.4M | $252,378 | $240,402 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO | Recordkeeper | — | $25,538 | $25,538 |
| UBS FINANCIAL SERVICES | Investment Advisor | $10,150 | — | $10,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,688
- Estimated Expense Ratio: 0.937% 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 | $27,699 | — | $27,699 | — | — |
| 2023 | $28,196 | $5,573 | $19,810 | — | — |
| 2022 | $22,170 | $14,230 | — | — | — |