Cloister Flooring, Inc. Employee Benefit Plan — Form 5500 plan (Cloister Flooring, 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, Cloister Flooring, Inc. Employee Benefit Plan is a benefit plan reported by Cloister Flooring, Inc. under EIN 23-3032119 and plan number 501. The latest loaded filing year is 2023. The filing reports 28 participants and $44,677 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$33.4KPlan net assets, end of year$33,353
Participants28Covered participants reported
Assets / participant$1.6KComputed: assets ÷ participants$1,596 (computed)
Provider compensation$19.7K4 Schedule C provider row(s)$19,688
- Plan sponsor
- Cloister Flooring, Inc.
- EIN
- 23-3032119
- Plan number
- 501
- Plan type
- 2
- Location
- Ephrata, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 28 | I, C | 20241017080608NAL0063429730001 |
Schedule I · 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)$44.7K total assets
Net assets$33.4KLiabilities$11.3K
Full reported line items
Net assets
- Total assets (EOY)
- $44,677
- Total liabilities (EOY)
- $11,324
- Net assets (EOY)
- $33,353
- Net assets (BOY)
- $3,911
Income & contributions
- Employer contributions
- $216,725
- Participant contributions
- $35,375
- Total income / additions
- $253,587
Expenses & distributions
- Benefits paid
- $100,405
- Administrative expenses
- $1,782
- Total expenses
- $224,145
- Net increase / (decrease)
- $29,442
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.
86%14%
Employer 86%Participant 14%
Total expenses ÷ net assets672%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Provider comp. ÷ net assets59%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Harding Yost Insurance Associates | BROKER | $8,910 | not reported in the loaded dataset | 2023 |
| The Benecon Group | BROKER | $7,383 | not reported in the loaded dataset | 2023 |
| Capital Bluecross | CARRIER | $1,782 | not reported in the loaded dataset | 2023 |
| Connectcare3 | PATIENT ADVOCATE | $1,613 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Cloister Flooring, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Ephrata, PA
- Harding Yost Insurance Associates — Schedule C compensation
- The Benecon Group — Schedule C compensation
- Capital Bluecross — Schedule C compensation
- Connectcare3 — Schedule C compensation