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FLEXICON CORPORATION 401k Plan overview

Plan NameFLEXICON CORPORATION
Plan identification number 501

FLEXICON CORPORATION Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Vision

401k Sponsoring company profile

FLEXICON CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:FLEXICON CORPORATION
Employer identification number (EIN):222045761
NAIC Classification:333200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FLEXICON CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-07-01
5012021-07-01
5012020-10-01REBECCA STEFANO2022-07-13
5012020-10-01REBECCA STEFANO2022-07-21
5012019-10-01REBECCA STEFANO2021-04-30
5012019-10-01REBECCA STEFANO2021-04-30
5012018-10-01REBECCA STEFANO2020-02-20
5012017-10-01REBECCA STEFANO2019-05-14
5012016-10-01
5012015-10-01
5012011-10-01REBECCA STEFANO

Plan Statistics for FLEXICON CORPORATION

401k plan membership statisitcs for FLEXICON CORPORATION

Measure Date Value
2022: FLEXICON CORPORATION 2022 401k membership
Total participants, beginning-of-year2022-07-01170
Total number of active participants reported on line 7a of the Form 55002022-07-01161
Number of retired or separated participants receiving benefits2022-07-010
Number of other retired or separated participants entitled to future benefits2022-07-010
Total of all active and inactive participants2022-07-01161
2021: FLEXICON CORPORATION 2021 401k membership
Total participants, beginning-of-year2021-07-01292
Total number of active participants reported on line 7a of the Form 55002021-07-01170
Number of retired or separated participants receiving benefits2021-07-010
Number of other retired or separated participants entitled to future benefits2021-07-010
Total of all active and inactive participants2021-07-01170
2020: FLEXICON CORPORATION 2020 401k membership
Total participants, beginning-of-year2020-10-01284
Total number of active participants reported on line 7a of the Form 55002020-10-01153
Total of all active and inactive participants2020-10-01153
2019: FLEXICON CORPORATION 2019 401k membership
Total participants, beginning-of-year2019-10-01138
Total number of active participants reported on line 7a of the Form 55002019-10-01284
Total of all active and inactive participants2019-10-01284
2018: FLEXICON CORPORATION 2018 401k membership
Total participants, beginning-of-year2018-10-01240
Total number of active participants reported on line 7a of the Form 55002018-10-01138
Total of all active and inactive participants2018-10-01138
2017: FLEXICON CORPORATION 2017 401k membership
Total participants, beginning-of-year2017-10-01110
Total number of active participants reported on line 7a of the Form 55002017-10-01240
Total of all active and inactive participants2017-10-01240
2016: FLEXICON CORPORATION 2016 401k membership
Total participants, beginning-of-year2016-10-01110
Total number of active participants reported on line 7a of the Form 55002016-10-01110
Total of all active and inactive participants2016-10-01110
2015: FLEXICON CORPORATION 2015 401k membership
Total participants, beginning-of-year2015-10-01185
Total number of active participants reported on line 7a of the Form 55002015-10-01185
Total of all active and inactive participants2015-10-01185
2011: FLEXICON CORPORATION 2011 401k membership
Total participants, beginning-of-year2011-10-0190
Total number of active participants reported on line 7a of the Form 55002011-10-01107
Total of all active and inactive participants2011-10-01107

Financial Data on FLEXICON CORPORATION

Measure Date Value
2023 : FLEXICON CORPORATION 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-06-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-06-30$229,855
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-06-30$191,152
Total income from all sources (including contributions)2023-06-30$2,105,718
Total loss/gain on sale of assets2023-06-30$0
Total of all expenses incurred2023-06-30$2,107,523
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-06-30$1,449,649
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-06-30$2,104,919
Value of total assets at end of year2023-06-30$170,418
Value of total assets at beginning of year2023-06-30$133,520
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-06-30$657,874
Total interest from all sources2023-06-30$799
Total dividends received (eg from common stock, registered investment company shares)2023-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-06-30No
Was this plan covered by a fidelity bond2023-06-30Yes
Value of fidelity bond cover2023-06-30$1,000,000
If this is an individual account plan, was there a blackout period2023-06-30No
Were there any nonexempt tranactions with any party-in-interest2023-06-30No
Contributions received from participants2023-06-30$864,755
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-06-30$1,558
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-06-30$67,608
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2023-06-30$154,482
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2023-06-30$144,448
Administrative expenses (other) incurred2023-06-30$533,550
Liabilities. Value of operating payables at end of year2023-06-30$12
Liabilities. Value of operating payables at beginning of year2023-06-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-06-30No
Value of net income/loss2023-06-30$-1,805
Value of net assets at end of year (total assets less liabilities)2023-06-30$-59,437
Value of net assets at beginning of year (total assets less liabilities)2023-06-30$-57,632
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2023-06-30No
Were any leases to which the plan was party in default or uncollectible2023-06-30No
Investment advisory and management fees2023-06-30$41,553
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-06-30$49,104
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-06-30$65,912
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-06-30$65,912
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-06-30$799
Expenses. Payments to insurance carriers foe the provision of benefits2023-06-30$1,449,649
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-06-30No
Was there a failure to transmit to the plan any participant contributions2023-06-30No
Has the plan failed to provide any benefit when due under the plan2023-06-30No
Assets. Invements in employer securities at end of year2023-06-30$0
Assets. Invements in employer securities at beginning of year2023-06-30$0
Contributions received in cash from employer2023-06-30$1,240,164
Employer contributions (assets) at end of year2023-06-30$119,756
Employer contributions (assets) at beginning of year2023-06-30$0
Contract administrator fees2023-06-30$82,771
Liabilities. Value of benefit claims payable at end of year2023-06-30$75,361
Liabilities. Value of benefit claims payable at beginning of year2023-06-30$46,704
Did the plan have assets held for investment2023-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-06-30No
Opinion of an independent qualified public accountant for this plan2023-06-30Unqualified
Accountancy firm name2023-06-30YOUNG OAKES BROWN & CO PC
Accountancy firm EIN2023-06-30251589048
2022 : FLEXICON CORPORATION 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-06-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-06-30$191,152
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-06-30$0
Total income from all sources (including contributions)2022-06-30$1,840,446
Total loss/gain on sale of assets2022-06-30$0
Total of all expenses incurred2022-06-30$1,898,078
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-06-30$1,294,892
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-06-30$1,840,222
Value of total assets at end of year2022-06-30$133,520
Value of total assets at beginning of year2022-06-30$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-06-30$603,186
Total interest from all sources2022-06-30$224
Total dividends received (eg from common stock, registered investment company shares)2022-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-06-30No
Was this plan covered by a fidelity bond2022-06-30Yes
Value of fidelity bond cover2022-06-30$1,000,000
If this is an individual account plan, was there a blackout period2022-06-30No
Were there any nonexempt tranactions with any party-in-interest2022-06-30No
Contributions received from participants2022-06-30$662,953
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-06-30$67,608
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-06-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-06-30$144,448
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-06-30$0
Administrative expenses (other) incurred2022-06-30$473,672
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-06-30No
Value of net income/loss2022-06-30$-57,632
Value of net assets at end of year (total assets less liabilities)2022-06-30$-57,632
Value of net assets at beginning of year (total assets less liabilities)2022-06-30$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2022-06-30No
Were any leases to which the plan was party in default or uncollectible2022-06-30No
Investment advisory and management fees2022-06-30$39,492
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-06-30$65,912
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-06-30$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-06-30$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-06-30$224
Expenses. Payments to insurance carriers foe the provision of benefits2022-06-30$1,294,892
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-06-30No
Was there a failure to transmit to the plan any participant contributions2022-06-30No
Has the plan failed to provide any benefit when due under the plan2022-06-30No
Assets. Invements in employer securities at end of year2022-06-30$0
Assets. Invements in employer securities at beginning of year2022-06-30$0
Contributions received in cash from employer2022-06-30$1,177,269
Contract administrator fees2022-06-30$90,022
Liabilities. Value of benefit claims payable at end of year2022-06-30$46,704
Liabilities. Value of benefit claims payable at beginning of year2022-06-30$0
Did the plan have assets held for investment2022-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-06-30No
Opinion of an independent qualified public accountant for this plan2022-06-30Unqualified
Accountancy firm name2022-06-30YOUNG OAKES BROWN & CO PC
Accountancy firm EIN2022-06-30251589048

Form 5500 Responses for FLEXICON CORPORATION

2022: FLEXICON CORPORATION 2022 form 5500 responses
2022-07-01Type of plan entitySingle employer plan
2022-07-01Submission has been amendedYes
2022-07-01This submission is the final filingNo
2022-07-01This return/report is a short plan year return/report (less than 12 months)No
2022-07-01Plan is a collectively bargained planNo
2022-07-01Plan funding arrangement – InsuranceYes
2022-07-01Plan funding arrangement – TrustYes
2022-07-01Plan benefit arrangement – InsuranceYes
2022-07-01Plan benefit arrangement - TrustYes
2021: FLEXICON CORPORATION 2021 form 5500 responses
2021-07-01Type of plan entitySingle employer plan
2021-07-01First time form 5500 has been submittedYes
2021-07-01Submission has been amendedNo
2021-07-01This submission is the final filingNo
2021-07-01This return/report is a short plan year return/report (less than 12 months)No
2021-07-01Plan is a collectively bargained planNo
2021-07-01Plan funding arrangement – InsuranceYes
2021-07-01Plan funding arrangement – TrustYes
2021-07-01Plan benefit arrangement – InsuranceYes
2021-07-01Plan benefit arrangement - TrustYes
2020: FLEXICON CORPORATION 2020 form 5500 responses
2020-10-01Type of plan entitySingle employer plan
2020-10-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-10-01Plan funding arrangement – InsuranceYes
2020-10-01Plan benefit arrangement – InsuranceYes
2019: FLEXICON CORPORATION 2019 form 5500 responses
2019-10-01Type of plan entitySingle employer plan
2019-10-01Plan funding arrangement – InsuranceYes
2019-10-01Plan benefit arrangement – InsuranceYes
2018: FLEXICON CORPORATION 2018 form 5500 responses
2018-10-01Type of plan entitySingle employer plan
2018-10-01Plan funding arrangement – InsuranceYes
2018-10-01Plan benefit arrangement – InsuranceYes
2017: FLEXICON CORPORATION 2017 form 5500 responses
2017-10-01Type of plan entitySingle employer plan
2017-10-01Plan funding arrangement – InsuranceYes
2017-10-01Plan benefit arrangement – InsuranceYes
2016: FLEXICON CORPORATION 2016 form 5500 responses
2016-10-01Type of plan entitySingle employer plan
2016-10-01Plan funding arrangement – InsuranceYes
2016-10-01Plan benefit arrangement – InsuranceYes
2015: FLEXICON CORPORATION 2015 form 5500 responses
2015-10-01Type of plan entitySingle employer plan
2015-10-01Plan funding arrangement – InsuranceYes
2015-10-01Plan benefit arrangement – InsuranceYes
2011: FLEXICON CORPORATION 2011 form 5500 responses
2011-10-01Type of plan entitySingle employer plan
2011-10-01Plan funding arrangement – InsuranceYes
2011-10-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number31000241
Policy instance 1
Insurance contract or identification number31000241
Number of Individuals Covered161
Insurance policy start date2022-07-01
Insurance policy end date2023-06-30
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $533,550
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number31000241
Policy instance 1
Insurance contract or identification number31000241
Number of Individuals Covered170
Insurance policy start date2021-07-01
Insurance policy end date2022-06-30
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $473,672
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
CAPITAL ADVANTAGE ASSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 14411 )
Policy contract number00700278
Policy instance 1
Insurance contract or identification number00700278
Number of Individuals Covered292
Insurance policy start date2020-10-01
Insurance policy end date2021-09-30
Total amount of commissions paid to insurance brokerUSD $30,768
Total amount of fees paid to insurance companyUSD $132,645
Welfare Benefit Premiums Paid to CarrierUSD $1,281,697
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0754351
Policy instance 1
Insurance contract or identification number0754351
Number of Individuals Covered153
Insurance policy start date2020-10-01
Insurance policy end date2021-06-30
Total amount of commissions paid to insurance brokerUSD $1,348
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,348
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerN/A
Insurance broker organization code?3
CAPITAL ADVANTAGE ASSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 14411 )
Policy contract number00700278
Policy instance 1
Insurance contract or identification number00700278
Number of Individuals Covered134
Insurance policy start date2019-10-01
Insurance policy end date2020-09-30
Total amount of commissions paid to insurance brokerUSD $39,816
Total amount of fees paid to insurance companyUSD $169,345
Welfare Benefit Premiums Paid to CarrierUSD $1,443,237
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $39,816
Amount paid for insurance broker fees169345
Insurance broker organization code?3
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0754351
Policy instance 1
Insurance contract or identification number0754351
Number of Individuals Covered284
Insurance policy start date2019-10-01
Insurance policy end date2020-09-30
Total amount of commissions paid to insurance brokerUSD $1,692
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,692
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerN/A
Insurance broker organization code?3
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0754351
Policy instance 1
Insurance contract or identification number0754351
Number of Individuals Covered138
Insurance policy start date2018-10-01
Insurance policy end date2019-09-30
Total amount of commissions paid to insurance brokerUSD $1,717
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,717
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerN/A
Insurance broker organization code?3
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0754351
Policy instance 1
Insurance contract or identification number0754351
Number of Individuals Covered240
Insurance policy start date2017-10-01
Insurance policy end date2018-09-30
Total amount of commissions paid to insurance brokerUSD $1,475
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number754351
Policy instance 1
Insurance contract or identification number754351
Number of Individuals Covered185
Insurance policy start date2015-10-01
Insurance policy end date2016-09-30
Total amount of commissions paid to insurance brokerUSD $1,247
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,247
Insurance broker organization code?3
Insurance broker nameBNN GROUP, INC.
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number240033
Policy instance 1
Insurance contract or identification number240033
Number of Individuals Covered107
Insurance policy start date2011-10-01
Insurance policy end date2012-09-30
Total amount of commissions paid to insurance brokerUSD $1,428
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $14,278
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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