2023 Form 5500 filing — Flagship Converters, Inc. Employee Stock Ownership Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240903121410NAL0034221248001) for Flagship Converters, Inc. Employee Stock Ownership Plan, reported by Flagship Converters, Inc. under EIN 06-1268526 and plan number 003. It reports 68 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$15.5MReported net assets$15,495,000
Participants68
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240903121410NAL0034221248001
Plan sponsor
Flagship Converters, Inc.
EIN
06-1268526
Plan number
003
Location
Danbury, CT
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$15.5M total assets
Net assets$15.5MLiabilities
Money in vs. money out
Total income / additions$2.5M
Total expenses$1.9M
Benefits paid / distributions$1.9M
Contributions
Employer$791.8K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$15,495,000
Net assets (EOY)
$15,495,000
Employer contributions
$791,759
Total income / additions
$2,526,640
Benefits paid
$1,870,765
Administrative expenses
$875
Total expenses
$1,871,640
Net increase / (decrease)
$655,000

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240903121410NAL0034221248001 cover?
It is the 2023 Form 5500 filing for Flagship Converters, Inc. Employee Stock Ownership Plan, reported by Flagship Converters, Inc. (EIN 06-1268526).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages