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FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 401k Plan overview

Plan NameFLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST
Plan identification number 502

FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Other welfare benefit cover

401k Sponsoring company profile

FLANDERS INDUSTRIES, INC has sponsored the creation of one or more 401k plans.

Company Name:FLANDERS INDUSTRIES, INC
Employer identification number (EIN):581975329
NAIC Classification:337000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022021-03-01
5022020-03-01
5022019-03-01
5022019-03-01
5022018-03-01
5022017-03-01JEFFREY STARKS JEFFREY STARKS2018-06-12
5022016-03-01JEFFREY STARKS JEFFREY STARKS2017-06-04
5022015-03-01JEFFREY STARKS JEFFREY STARKS2016-07-28
5022014-03-01JEFFREY STARKS JEFFREY STARKS2015-08-11
5022013-03-01JEFFREY STARKS JEFFREY STARKS2014-08-25
5022012-03-01JEFFREY STARKS JEFFREY STARKS2013-08-01
5022011-03-01JEFFREY STARKS JEFFREY STARKS2012-08-14
5022009-03-01JEFFREY STARKS JEFFREY STARKS2010-09-13

Plan Statistics for FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST

401k plan membership statisitcs for FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST

Measure Date Value
2021: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2021 401k membership
Total participants, beginning-of-year2021-03-0177
Total number of active participants reported on line 7a of the Form 55002021-03-0186
Total of all active and inactive participants2021-03-0186
Total participants2021-03-0186
2020: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2020 401k membership
Total participants, beginning-of-year2020-03-0172
Total number of active participants reported on line 7a of the Form 55002020-03-0177
Total of all active and inactive participants2020-03-0177
Total participants2020-03-0177
2019: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2019 401k membership
Total participants, beginning-of-year2019-03-0174
Total number of active participants reported on line 7a of the Form 55002019-03-0172
Total of all active and inactive participants2019-03-0172
Total participants2019-03-0172
2018: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2018 401k membership
Total participants, beginning-of-year2018-03-0176
Total number of active participants reported on line 7a of the Form 55002018-03-0174
Total of all active and inactive participants2018-03-0174
Total participants2018-03-0174
2017: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2017 401k membership
Total participants, beginning-of-year2017-03-0177
Total number of active participants reported on line 7a of the Form 55002017-03-0176
Total of all active and inactive participants2017-03-0176
Total participants2017-03-0176
2016: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2016 401k membership
Total participants, beginning-of-year2016-03-0183
Total number of active participants reported on line 7a of the Form 55002016-03-0177
Total of all active and inactive participants2016-03-0177
Total participants2016-03-0177
2015: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2015 401k membership
Total participants, beginning-of-year2015-03-0180
Total number of active participants reported on line 7a of the Form 55002015-03-0183
Total of all active and inactive participants2015-03-0183
Total participants2015-03-0183
2014: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2014 401k membership
Total participants, beginning-of-year2014-03-0183
Total of all active and inactive participants2014-03-010
Total participants2014-03-010
2013: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2013 401k membership
Total participants, beginning-of-year2013-03-0182
Total number of active participants reported on line 7a of the Form 55002013-03-0183
Total of all active and inactive participants2013-03-0183
Total participants2013-03-0183
2012: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2012 401k membership
Total participants, beginning-of-year2012-03-0181
Total number of active participants reported on line 7a of the Form 55002012-03-0182
Total of all active and inactive participants2012-03-0182
Total participants2012-03-0182
2011: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2011 401k membership
Total participants, beginning-of-year2011-03-0182
Total number of active participants reported on line 7a of the Form 55002011-03-0181
Total of all active and inactive participants2011-03-0181
Total participants2011-03-0181
2009: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2009 401k membership
Total participants, beginning-of-year2009-03-01147
Total number of active participants reported on line 7a of the Form 55002009-03-0192
Total of all active and inactive participants2009-03-0192
Total participants2009-03-0192
Number of participants with account balances2009-03-0192

Financial Data on FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST

Measure Date Value
2022 : FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2022 401k financial data
Total income from all sources2022-02-28$1,133,790
Expenses. Total of all expenses incurred2022-02-28$1,070,863
Benefits paid (including direct rollovers)2022-02-28$776,182
Total plan assets at end of year2022-02-28$291,790
Total plan assets at beginning of year2022-02-28$228,863
Other income received2022-02-28$29
Net income (gross income less expenses)2022-02-28$62,927
Net plan assets at end of year (total assets less liabilities)2022-02-28$291,790
Net plan assets at beginning of year (total assets less liabilities)2022-02-28$228,863
Total contributions received or receivable from employer(s)2022-02-28$1,133,761
Expenses. Administrative service providers (salaries,fees and commissions)2022-02-28$294,681
2021 : FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2021 401k financial data
Total plan liabilities at beginning of year2021-02-28$0
Total income from all sources2021-02-28$1,664,183
Expenses. Total of all expenses incurred2021-02-28$1,624,624
Benefits paid (including direct rollovers)2021-02-28$1,309,146
Total plan assets at end of year2021-02-28$228,863
Total plan assets at beginning of year2021-02-28$189,304
Expenses. Other expenses not covered elsewhere2021-02-28$383
Other income received2021-02-28$411
Net income (gross income less expenses)2021-02-28$39,559
Net plan assets at end of year (total assets less liabilities)2021-02-28$228,863
Net plan assets at beginning of year (total assets less liabilities)2021-02-28$189,304
Total contributions received or receivable from employer(s)2021-02-28$1,663,772
Expenses. Administrative service providers (salaries,fees and commissions)2021-02-28$315,095
2020 : FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2020 401k financial data
Total plan liabilities at beginning of year2020-02-29$0
Total income from all sources2020-02-29$2,332,296
Expenses. Total of all expenses incurred2020-02-29$2,350,905
Benefits paid (including direct rollovers)2020-02-29$2,051,725
Total plan assets at end of year2020-02-29$189,304
Total plan assets at beginning of year2020-02-29$207,913
Other income received2020-02-29$3,691
Net income (gross income less expenses)2020-02-29$-18,609
Net plan assets at end of year (total assets less liabilities)2020-02-29$189,304
Net plan assets at beginning of year (total assets less liabilities)2020-02-29$207,913
Total contributions received or receivable from employer(s)2020-02-29$2,328,605
Expenses. Administrative service providers (salaries,fees and commissions)2020-02-29$299,180
Total plan liabilities at beginning of year2020-02-28$0
Total income from all sources2020-02-28$2,332,296
Expenses. Total of all expenses incurred2020-02-28$2,350,905
Benefits paid (including direct rollovers)2020-02-28$2,051,725
Total plan assets at end of year2020-02-28$189,304
Total plan assets at beginning of year2020-02-28$207,913
Other income received2020-02-28$3,691
Net income (gross income less expenses)2020-02-28$-18,609
Net plan assets at end of year (total assets less liabilities)2020-02-28$189,304
Net plan assets at beginning of year (total assets less liabilities)2020-02-28$207,913
Total contributions received or receivable from employer(s)2020-02-28$2,328,605
Expenses. Administrative service providers (salaries,fees and commissions)2020-02-28$299,180
2019 : FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2019 401k financial data
Total plan liabilities at beginning of year2019-02-28$0
Total income from all sources2019-02-28$1,592,985
Expenses. Total of all expenses incurred2019-02-28$1,588,329
Benefits paid (including direct rollovers)2019-02-28$1,296,824
Total plan assets at end of year2019-02-28$207,913
Total plan assets at beginning of year2019-02-28$203,257
Other income received2019-02-28$4,662
Net income (gross income less expenses)2019-02-28$4,656
Net plan assets at end of year (total assets less liabilities)2019-02-28$207,913
Net plan assets at beginning of year (total assets less liabilities)2019-02-28$203,257
Total contributions received or receivable from employer(s)2019-02-28$1,588,323
Expenses. Administrative service providers (salaries,fees and commissions)2019-02-28$291,505
2018 : FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2018 401k financial data
Total plan liabilities at beginning of year2018-02-28$0
Total income from all sources2018-02-28$1,364,615
Expenses. Total of all expenses incurred2018-02-28$1,358,712
Benefits paid (including direct rollovers)2018-02-28$1,083,429
Total plan assets at end of year2018-02-28$203,105
Total plan assets at beginning of year2018-02-28$197,202
Other income received2018-02-28$2,014
Net income (gross income less expenses)2018-02-28$5,903
Net plan assets at end of year (total assets less liabilities)2018-02-28$203,105
Net plan assets at beginning of year (total assets less liabilities)2018-02-28$197,202
Total contributions received or receivable from employer(s)2018-02-28$1,362,601
Expenses. Administrative service providers (salaries,fees and commissions)2018-02-28$275,283
2017 : FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2017 401k financial data
Total plan liabilities at beginning of year2017-02-28$0
Total income from all sources2017-02-28$1,237,941
Expenses. Total of all expenses incurred2017-02-28$1,210,673
Benefits paid (including direct rollovers)2017-02-28$997,961
Total plan assets at end of year2017-02-28$197,202
Total plan assets at beginning of year2017-02-28$169,934
Other income received2017-02-28$548
Net income (gross income less expenses)2017-02-28$27,268
Net plan assets at end of year (total assets less liabilities)2017-02-28$197,202
Net plan assets at beginning of year (total assets less liabilities)2017-02-28$169,934
Total contributions received or receivable from employer(s)2017-02-28$1,237,393
Expenses. Administrative service providers (salaries,fees and commissions)2017-02-28$212,712

Form 5500 Responses for FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST

2021: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2021 form 5500 responses
2021-03-01Type of plan entitySingle employer plan
2021-03-01Plan funding arrangement – InsuranceYes
2021-03-01Plan benefit arrangement – InsuranceYes
2020: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2020 form 5500 responses
2020-03-01Type of plan entitySingle employer plan
2020-03-01Plan funding arrangement – InsuranceYes
2020-03-01Plan benefit arrangement – InsuranceYes
2019: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2019 form 5500 responses
2019-03-01Type of plan entitySingle employer plan
2019-03-01Plan funding arrangement – InsuranceYes
2019-03-01Plan benefit arrangement – InsuranceYes
2018: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2018 form 5500 responses
2018-03-01Type of plan entitySingle employer plan
2018-03-01Plan funding arrangement – InsuranceYes
2018-03-01Plan benefit arrangement – InsuranceYes
2017: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2017 form 5500 responses
2017-03-01Type of plan entitySingle employer plan
2017-03-01Plan funding arrangement – InsuranceYes
2017-03-01Plan benefit arrangement – InsuranceYes
2016: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2016 form 5500 responses
2016-03-01Type of plan entitySingle employer plan
2016-03-01Plan funding arrangement – InsuranceYes
2016-03-01Plan benefit arrangement – InsuranceYes
2015: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2015 form 5500 responses
2015-03-01Type of plan entitySingle employer plan
2015-03-01Plan funding arrangement – InsuranceYes
2015-03-01Plan benefit arrangement – InsuranceYes
2014: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2014 form 5500 responses
2014-03-01Type of plan entitySingle employer plan
2014-03-01Plan funding arrangement – InsuranceYes
2014-03-01Plan benefit arrangement – InsuranceYes
2013: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2013 form 5500 responses
2013-03-01Type of plan entitySingle employer plan
2013-03-01Plan funding arrangement – InsuranceYes
2013-03-01Plan benefit arrangement – InsuranceYes
2012: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2012 form 5500 responses
2012-03-01Type of plan entitySingle employer plan
2012-03-01Plan funding arrangement – InsuranceYes
2012-03-01Plan benefit arrangement – InsuranceYes
2011: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2011 form 5500 responses
2011-03-01Type of plan entitySingle employer plan
2011-03-01Plan funding arrangement – InsuranceYes
2011-03-01Plan benefit arrangement – InsuranceYes
2009: FLANDERS INDUSTRIES INC EMPLOYEE BENEFIT TRUST 2009 form 5500 responses
2009-03-01Type of plan entitySingle employer plan
2009-03-01Plan funding arrangement – InsuranceYes
2009-03-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number163874
Policy instance 4
Insurance contract or identification number163874
Number of Individuals Covered55
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $2,239
Temporary Disability Insurance Welfare BenefitYes
Commission paid to Insurance BrokerUSD $584
Insurance broker organization code?3
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number163874
Policy instance 3
Insurance contract or identification number163874
Number of Individuals Covered57
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $3,310
Long Term Disability Insurance Welfare BenefitYes
Commission paid to Insurance BrokerUSD $715
Insurance broker organization code?3
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number163874
Policy instance 2
Insurance contract or identification number163874
Number of Individuals Covered86
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $3,667
Life Insurance Welfare BenefitYes
Commission paid to Insurance BrokerUSD $1,168
Insurance broker organization code?3
HCC LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 92711 )
Policy contract numberHCL36127
Policy instance 1
Insurance contract or identification numberHCL36127
Number of Individuals Covered77
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $13,880
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedSTOP LOSS SPECIFIC
Welfare Benefit Premiums Paid to CarrierUSD $334,171
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $761
Insurance broker organization code?3
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number163874
Policy instance 4
Insurance contract or identification number163874
Number of Individuals Covered45
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $2,344
Temporary Disability Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $707
Insurance broker organization code?3
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number163874
Policy instance 3
Insurance contract or identification number163874
Number of Individuals Covered62
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $3,314
Long Term Disability Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $662
Insurance broker organization code?3
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number163874
Policy instance 2
Insurance contract or identification number163874
Number of Individuals Covered77
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $3,514
Life Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,132
Insurance broker organization code?3
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number417005410831
Policy instance 1
Insurance contract or identification number417005410831
Number of Individuals Covered66
Insurance policy start date2020-10-01
Insurance policy end date2021-01-01
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedSTOP LOSS SPECIFIC
Welfare Benefit Premiums Paid to CarrierUSD $299,055
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number243385
Policy instance 1
Insurance contract or identification number243385
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $2,098
Other welfare benefits providedSTOP LOSS SPECIFIC
Welfare Benefit Premiums Paid to CarrierUSD $314,853
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,098
Insurance broker organization code?3
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number243385
Policy instance 1
Insurance contract or identification number243385
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $2,098
Other welfare benefits providedSTOP LOSS SPECIFIC
Welfare Benefit Premiums Paid to CarrierUSD $314,853
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,098
Insurance broker organization code?3
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number243385
Policy instance 1
Insurance contract or identification number243385
Number of Individuals Covered74
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $1,428
Other welfare benefits providedSTOP LOSS SPECIFIC
Welfare Benefit Premiums Paid to CarrierUSD $222,771
Commission paid to Insurance BrokerUSD $1,428
Insurance broker organization code?3
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number417005410831
Policy instance 1
Insurance contract or identification number417005410831
Number of Individuals Covered76
Insurance policy start date2017-01-01
Insurance policy end date2018-01-01
Total amount of fees paid to insurance companyUSD $1,059
Other welfare benefits providedSTOP LOSS SPECIFIC
Welfare Benefit Premiums Paid to CarrierUSD $223,739
Amount paid for insurance broker fees1059
Additional information about fees paid to insurance brokerSTOP LOSS SPECIFIC
Insurance broker organization code?3
Insurance broker nameUMR, INC.

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