Polyflex Products, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Polyflex Products, 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, Polyflex Products, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Polyflex Products, Inc. under EIN 84-1655105 and plan number 001. The latest loaded filing year is 2023. The filing reports 135 participants and $3,448,078 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Polyflex Products, Inc.
EIN
84-1655105
Plan number
001
Plan type
2
Location
Farmington Hills, MI
Latest filing year
2023
Participants
135
End-of-year plan assets
$3,448,078

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023135H, C20241015085423NAL0016013779001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$3,448,078
Total liabilities (EOY)
$0
Net assets (EOY)
$3,448,078
Net assets (BOY)
$2,453,108

Income & contributions

Employer contributions
$240,137
Participant contributions
$419,498
Total contributions
$685,357
Total income / additions
$1,224,063

Expenses & distributions

Benefits paid
$196,350
Administrative expenses
$32,743
Total expenses
$229,093
Net increase / (decrease)
$994,970

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$19,951$02023
Hantz Financial Services IncADVISOR$12,792not reported in the loaded dataset2023

Related Form 5500 pages