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, Floracraft, Inc. Profit Sharing/401(K) Plan is a benefit plan reported by Floracraft, Inc. under EIN 38-1447914 and plan number 001. The latest loaded filing year is 2023. The filing reports 240 participants and $14,287,638 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,287,638
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,287,638
- Net assets (BOY)
- $12,444,992
Income & contributions
- Employer contributions
- $668,149
- Participant contributions
- $748,968
- Total contributions
- $1,755,476
- Total income / additions
- $3,550,378
Expenses & distributions
- Benefits paid
- $1,697,537
- Administrative expenses
- $10,195
- Total expenses
- $1,707,732
- Net increase / (decrease)
- $1,842,646