401k Plan data: THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN plan

THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN 401k Plan overview

Plan Name	THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN
Plan identification number	001

THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan covering Self-Employed individuals.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

THE FLEXPRO GROUP, LLC has sponsored the creation of one or more 401k plans.

Company Name: THE FLEXPRO GROUP, LLC

Employer identification number (EIN): 261498934

NAIC Classification: 541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2020-01-01
001 2019-01-01
001 2017-01-01 LYNN FAUGHEY 2018-04-25
001 2016-01-01 LYNN FAUGHEY 2017-06-26
001 2015-01-01 LYNN FAUGHEY 2016-06-21
001 2014-01-01 LYNN FAUGHEY 2015-07-16
001 2013-01-01 LYNN FAUGHEY 2014-07-28

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2020-01-01
001	2019-01-01
001	2017-01-01	LYNN FAUGHEY	2018-04-25
001	2016-01-01	LYNN FAUGHEY	2017-06-26
001	2015-01-01	LYNN FAUGHEY	2016-06-21
001	2014-01-01	LYNN FAUGHEY	2015-07-16
001	2013-01-01	LYNN FAUGHEY	2014-07-28

Plan Statistics for THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN

Measure Date Value
2020: THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 40
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 31
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 12
Total of all active and inactive participants 2020-01-01 43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 43
Number of participants with account balances 2020-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 41
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 30
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 10
Total of all active and inactive participants 2019-01-01 40
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 40
Number of participants with account balances 2019-01-01 38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0

Measure	Date	Value
2020: THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	40
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	31
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	12
Total of all active and inactive participants	2020-01-01	43
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	43
Number of participants with account balances	2020-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	41
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	30
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	10
Total of all active and inactive participants	2019-01-01	40
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	40
Number of participants with account balances	2019-01-01	38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0

Financial Data on THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN

Measure	Date	Value
2020 : THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$1,085,644
Expenses. Total of all expenses incurred	2020-12-31	$208,230
Benefits paid (including direct rollovers)	2020-12-31	$174,177
Total plan assets at end of year	2020-12-31	$4,258,530
Total plan assets at beginning of year	2020-12-31	$3,381,116
Value of fidelity bond covering the plan	2020-12-31	$350,000
Total contributions received or receivable from participants	2020-12-31	$441,053
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$483,941
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$877,414
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$4,258,530
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$3,381,116
Assets. Value of participant loans	2020-12-31	$50,228
Total contributions received or receivable from employer(s)	2020-12-31	$160,650
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$34,053
2019 : THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$1,120,193
Expenses. Total of all expenses incurred	2019-12-31	$419,724
Benefits paid (including direct rollovers)	2019-12-31	$390,581
Total plan assets at end of year	2019-12-31	$3,381,116
Total plan assets at beginning of year	2019-12-31	$2,680,647
Value of fidelity bond covering the plan	2019-12-31	$350,000
Total contributions received or receivable from participants	2019-12-31	$413,174
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$579,211
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$700,469
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$3,381,116
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,680,647
Assets. Value of participant loans	2019-12-31	$92,088
Total contributions received or receivable from employer(s)	2019-12-31	$127,808
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$29,143
2018 : THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$951,466
Expenses. Total of all expenses incurred	2018-12-31	$156,723
Benefits paid (including direct rollovers)	2018-12-31	$137,430
Total plan assets at end of year	2018-12-31	$2,680,647
Total plan assets at beginning of year	2018-12-31	$1,885,904
Value of fidelity bond covering the plan	2018-12-31	$200,000
Total contributions received or receivable from participants	2018-12-31	$354,353
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$699,372
Other income received	2018-12-31	$-195,366
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$794,743
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,680,647
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$1,885,904
Assets. Value of participant loans	2018-12-31	$91,976
Total contributions received or receivable from employer(s)	2018-12-31	$93,107
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$19,293

Form 5500 Responses for THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN

2020: THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: THE FLEXPRO GROUP RETIREMENT SAVINGS PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	THE FLEXPRO GROUP, LLC
Employer identification number (EIN):	261498934
NAIC Classification:	541600