2023 Form 5500 filing — Omega Flex, Inc. 401(K) Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240708130813NAL0026471362001) for Omega Flex, Inc. 401(K) Profit Sharing Plan, reported by Omega Flex, Inc. under EIN 23-1948942 and plan number 001. It reports 179 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240708130813NAL0026471362001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Omega Flex, Inc.
- EIN
- 23-1948942
- Plan number
- 001
- Location
- Exton, PA
- Participants
- 179
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,355,440
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,355,440
- Employer contributions
- $808,768
- Participant contributions
- $1,116,100
- Total income / additions
- $6,519,523
- Benefits paid
- $2,694,025
- Administrative expenses
- $40,374
- Total expenses
- $2,743,388
- Net increase / (decrease)
- $3,776,135
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Securities America Advisors Inc | INVESTMENT ADVISOR | $37,259 | not reported in the loaded dataset |
| Jpmorgan Invest Holdings LLC | RECORDKEEPER | $3,115 | $0 |