Top Flite Financial Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Top Flite Financial 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, Top Flite Financial Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Top Flite Financial Inc. under EIN 13-4225190 and plan number 001. The latest loaded filing year is 2023. The filing reports 270 participants and $10,753,597 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Top Flite Financial Inc.
- EIN
- 13-4225190
- Plan number
- 001
- Plan type
- 2
- Location
- Williamston, MI
- Latest filing year
- 2023
- Participants
- 270
- End-of-year plan assets
- $10,753,597
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 270 | H, C | 20241015134847NAL0028633409001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,753,597
- Total liabilities (EOY)
- $24,662
- Net assets (EOY)
- $10,728,935
- Net assets (BOY)
- $8,851,618
Income & contributions
- Employer contributions
- $440,891
- Participant contributions
- $879,775
- Total contributions
- $1,353,137
- Total income / additions
- $2,985,013
Expenses & distributions
- Benefits paid
- $1,075,085
- Administrative expenses
- $9,945
- Total expenses
- $1,107,696
- Net increase / (decrease)
- $1,877,317
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| M2b Retirement Consulting LLC | TPA | $0 | $8,387 | 2023 |
| Voya Retirement Insurance & Annuity | RECORD KEEPER | $0 | $0 | 2023 |