Plan Snapshot
- Plan Sponsor: The Flexaust Company, INC.
- Sponsor EIN: 351950597
- Sponsor Address: 1510 ARMSTRONG RD. PO BOX 4275, WARSAW, IN, 465814275
- Plan Type: 401(k)
- Total Participants: 316
- Total Assets: $22.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 316 | $22.3M | $645,699 | $766,153 |
| 2023 | 297 | $19.3M | $689,742 | $859,374 |
| 2022 | 347 | $16.9M | $647,592 | $842,575 |
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 |
|---|---|---|---|---|
| SYM FINANCIAL CORPORATION | FINANCIAL ADVISOR | $45,021 | — | $45,021 |
| CHARLES SCHWAB BANK | CUSTODIAN | $43,898 | — | $43,898 |
| ASCENSUS LLC | RECORD KEEPER | $36,760 | — | $36,760 |
| BADEN, GAGE & SCHROEDER LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SYM FINANCIAL CORPORATION — FINANCIAL ADVISOR
- CHARLES SCHWAB BANK — CUSTODIAN
- ASCENSUS LLC — RECORD KEEPER
- BADEN, GAGE & SCHROEDER LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,679
- Estimated Expense Ratio: 0.563% 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 | $127,219 | $66,978 | — | — | — |
| 2023 | $154,140 | $65,610 | — | $14,150 | — |
| 2022 | $118,477 | $50,202 | $53,532 | — | $3,743 |