401(k)
2023 plan-year 401(k) DOL Form 5500

Polyflex Products, Inc. 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Polyflex Products, Inc. · Michigan · Wholesale Trade

What the 2023 filing shows

Polyflex Products, Inc. 401(k) Profit Sharing Plan holds $3M for 121 participants — about $28,497 per participant, up 40.6% over the 2023 plan year.

$3M
total plan assets (2023 EOY)
121
covered participants
$28,497
avg assets per participant
+40.6%
assets growth YoY
Total Assets (2023)
$3M
Participants
121
State
Industry
Wholesale Trade

What the Filing Says About Polyflex Products, Inc. 401(k) Profit Sharing Plan

Polyflex Products, Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Polyflex Products, Inc., headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 121 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 841655105, and the plan has been effective since 2012-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2023 to $3M at year-end — a gain of 40.6%. Net assets (after liabilities) closed the year at $3M, with reported net income of $995K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$2M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$995K
Plan Type401(k)
Employer EIN841655105
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Polyflex Products, Inc.)

Year Plans Participants Total Assets
2022 1 117 $2M
2023 1 121 $3M
2024 1 125 N/A

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Frequently Asked Questions

How much money is in the Polyflex Products, Inc. 401(k) Profit Sharing Plan?
As of the 2023 Form 5500 filing, Polyflex Products, Inc. 401(k) Profit Sharing Plan holds $3M in total assets with 121 participants. It is sponsored by Polyflex Products, Inc..
What type of plan is Polyflex Products, Inc. 401(k) Profit Sharing Plan?
Polyflex Products, Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 2012-01-01. The plan is filed with the U.S. Department of Labor under EIN 841655105.
Who sponsors the Polyflex Products, Inc. 401(k) Profit Sharing Plan?
Polyflex Products, Inc. 401(k) Profit Sharing Plan is sponsored by Polyflex Products, Inc., located in Michigan. The sponsor's EIN is 841655105 and the plan operates in the Wholesale Trade industry.
How did Polyflex Products, Inc. 401(k) Profit Sharing Plan perform in 2023?
Polyflex Products, Inc. 401(k) Profit Sharing Plan grew by 40.6% during 2023, moving from $2M to $3M in total assets. Net income was $995K.
Where can I find official filings for Polyflex Products, Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Polyflex Products, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 841655105 or plan name at efast.dol.gov.
How does Polyflex Products, Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Polyflex Products, Inc. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 841655105.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.