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

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202328I, C20241017080608NAL0063429730001
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
Money in vs. money out
Total income / additions$253.6K
Total expenses$224.1K
Benefits paid / distributions$100.4K
Contributions
Employer$216.7K
Participant$35.4K
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.

Contribution share (employer vs. participant)
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)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Harding Yost Insurance AssociatesBROKER$8,910not reported in the loaded dataset2023
The Benecon GroupBROKER$7,383not reported in the loaded dataset2023
Capital BluecrossCARRIER$1,782not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$1,613not reported in the loaded dataset2023

Related Form 5500 pages