Plan5500

Florim Usa, Inc. 401(K) Plan — Form 5500 plan (Florim Usa, Inc.)

Plain-English plan 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, Florim Usa, Inc. 401(K) Plan is a benefit plan reported by Florim Usa, Inc. under EIN 62-1433640 and plan number 001. The latest loaded filing year is 2023. The filing reports 412 participants and $12,895,935 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Florim Usa, Inc.
EIN
62-1433640
Plan number
001
Plan type
2
Location
Clarksville, TN
Latest filing year
2023
Participants
412
End-of-year plan assets
$12,895,935

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023412H, C20240910103356NAL0002924147001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,895,935
Total liabilities (EOY)
$0
Net assets (EOY)
$12,895,935
Net assets (BOY)
$10,273,138

Income & contributions

Employer contributions
$515,026
Participant contributions
$1,424,282
Total contributions
$2,059,834
Total income / additions
$3,719,906

Expenses & distributions

Benefits paid
$1,010,911
Administrative expenses
$86,198
Total expenses
$1,097,109
Net increase / (decrease)
$2,622,797

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$86,198$02023
Kestra Investment Services LLCOTHER SERVICES$0$33,5962023

Related Form 5500 pages