Retirement plan

FLEXIBLE FUNDAMENTALS, INC. 401(K) PROFIT SHARING PLAN

Name: FLEXIBLE FUNDAMENTALS, INC. - FLEXIBLE FUNDAMENTALS, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: FLEXIBLE FUNDAMENTALS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLEXIBLE FUNDAMENTALS, INC. 401(K) PROFIT SHARING PLAN, FLEXIBLE FUNDAMENTALS, INC.

FLEXIBLE FUNDAMENTALS, INC.EIN 81-2125589Plan #001PY 2020

214 CHURCH STREET - WHITINSVILLE, MA 01588508-266-7077LinkedIn1-10 employeeshospital & health care

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$719K

+52.7% from 2019

Total participants

-11.3% from 2019

Average account balance

$13,068

+72.1% from 2019

Annual return

24.73%

-10.15 pp from 2019

Benchmarks

See 3,932 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,932 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$455K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$25K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

360.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.91%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$8908

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$213 / participant

Other / not subdivided$8K100.0%

% of EOY assets

1.125%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,068

$49,239-73.5%

$70,462-81.5%

$79,858-83.6%

Participation rate

100.0%

69.2%+30.8pp

75.1%+24.9pp

69.6%+30.4pp

Annual return

24.73%

30.08%-5.3pp

109.08%-84.3pp

31.72%-7.0pp

Employer contribution / active EE

$2,100-100.0%

$2,737-100.0%

$2,471-100.0%

Participant deferral / active EE

$3,677

$2,769+32.8%

$3,710-0.9%

$3,740-1.7%

Admin fee / account holder

$147

$2,876-94.9%

$3,845-96.2%

$5,306-97.2%

FLEXIBLE FUNDAMENTALS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLEXIBLE FUNDAMENTALS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion