Retirement Income Security Plan-Teraflex, Inc. — Form 5500 plan (Teraflex, 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, Retirement Income Security Plan-Teraflex, Inc. is a benefit plan reported by Teraflex, Inc. under EIN 87-0272262 and plan number 003. The latest loaded filing year is 2023. The filing reports 185 participants and $4,458,300 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Teraflex, Inc.
- EIN
- 87-0272262
- Plan number
- 003
- Plan type
- 2
- Location
- West Jordan, UT
- Latest filing year
- 2023
- Participants
- 185
- End-of-year plan assets
- $4,458,300
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 185 | H, C | 20241015132650NAL0014716211001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,458,300
- Total liabilities (EOY)
- $961
- Net assets (EOY)
- $4,457,339
- Net assets (BOY)
- $3,516,090
Income & contributions
- Employer contributions
- $288,125
- Participant contributions
- $401,542
- Total contributions
- $689,667
- Total income / additions
- $1,317,981
Expenses & distributions
- Benefits paid
- $339,427
- Administrative expenses
- $37,305
- Total expenses
- $376,732
- Net increase / (decrease)
- $941,249
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Spectra Management, LLC | NONE | $19,013 | not reported in the loaded dataset | 2023 |
| Healthequity Retirement Services, L | NONE | $9,507 | not reported in the loaded dataset | 2023 |
| Ameritas Life Insurance Corp | NONE | $7,952 | not reported in the loaded dataset | 2023 |
| Matrix Trust Company | NONE | $833 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Teraflex, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in UT
- 401(k) and benefit plan filings in West Jordan, UT
- Spectra Management, LLC — Schedule C compensation
- Healthequity Retirement Services, L — Schedule C compensation
- Ameritas Life Insurance Corp — Schedule C compensation
- Matrix Trust Company — Schedule C compensation