Plan Ledger DOL Form 5500 · updated monthly

Floturn, Inc.ESOP

FLOTURN, INC EMPLOYEE STOCK OWNERSHIP PLAN · FAIRFIELD, OH · plan year 2024

Plan assets · 2024
$14.1M

Floturn, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $14,102,387 across 145 participant accounts. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,661st of 3,295), and 7,353rd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$14,102,387
Participants with balances145
Active participants74
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$97,258
Benefits paid to participants$1,923,440
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 145 accts
2023$12.2M · 138 accts
2022$9.9M · 135 accts
Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansManufacturing · Ohio
S.P. Company, Inc. OH$14.5M · 0.06%
Ice Industries, Inc. OH$14.3M · 0.80%
Flack Steel LLC OH$14.1M · 0.52%
Aps Holding Company, Inc. OH$14.0M · 1.02%
Hinkley Lighting, Inc. OH$14.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310651171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.