Flexcraft 401(K) Plan — Form 5500 plan (Holocraft Corporation D/B/A Flexcraft Company)

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, Flexcraft 401(K) Plan is a benefit plan reported by Holocraft Corporation D/B/A Flexcraft Company under EIN 22-2304659 and plan number 001. The latest loaded filing year is 2023. The filing reports 127 participants and $3,254,535 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.3MPlan net assets, end of year$3,254,433
Participants127Covered participants reported
Assets / participant$25.6KComputed: assets ÷ participants$25,626 (computed)
Provider compensation$32.6K5 Schedule C provider row(s)$32,563
Plan sponsor
Holocraft Corporation D/B/A Flexcraft Company
EIN
22-2304659
Plan number
001
Plan type
2
Location
Neptune, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023127H, C20240731101609NAL0021329809001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$3.3M total assets
Net assets$3.3MLiabilities$102
Money in vs. money out
Total income / additions$1M
Total expenses$150K
Benefits paid / distributions$116.2K
Contributions
Employer$251.2K
Participant$238.9K
Full reported line items

Net assets

Total assets (EOY)
$3,254,535
Total liabilities (EOY)
$102
Net assets (EOY)
$3,254,433
Net assets (BOY)
$2,380,150

Income & contributions

Employer contributions
$251,157
Participant contributions
$238,941
Total contributions
$552,630
Total income / additions
$1,024,278

Expenses & distributions

Benefits paid
$116,176
Administrative expenses
$28,196
Total expenses
$149,995
Net increase / (decrease)
$874,283
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 51%Participant 49%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income11%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Red Bank Pension Services IncCONTRACT ADMIN$10,953$1,2922023
Empower Annuity Insurance CoRECORDKEEPER$11,508$02023
Ubs Financial ServicesINVESTMENT ADVISOR$5,573not reported in the loaded dataset2023
Ubs Financial Services Ins. AgcyBOKER/ADVISOR$0$2,9812023
Empower Advisory GroupINVESMENT MGMT$256not reported in the loaded dataset2023

Related Form 5500 pages