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Original filing (PDF)20251010092324NAL0007432849001
FLEXGEN POWER SYSTEMS
Form 5500
FILING_RECEIVED
FLEXGEN 401(K) PLAN
401(k) retirement plan
Active participants
176
Accounts w/ balance
213
Plan assets (EOY)
$9.3M
Net assets (EOY)
$9.3M
How this plan invests
This plan
36 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FLEXGEN POWER SYSTEMS.
Plan sponsor
Name
FLEXGEN POWER SYSTEMS
EIN
47-4542499
Address
280 S MANGUM STREET STE 150 · DURHAM, NC · 27701
Phone
(855) 327-5674
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
EISNERAMPER LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $18K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | — | PENNINGTON, NJ | INVESTMENT ADVISOR | $16K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $3K | — |
Investments
36 direct securities· $9.2M(99% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity 500 Index | — | — | — | $1.4M | 15.1% | |
| Vanguard Target Retirement 2045 Inv | — | — | — | $1.1M | 11.8% | |
| Vanguard Target Retirement 2050 Inv | — | — | — | $903K | 9.7% | |
| Vanguard Target Retirement 2060 Inv | — | — | — | $789K | 8.5% | |
| Vanguard Target Retirement 2035 Inv | — | — | — | $543K | 5.8% | |
| Vanguard Target Retirement 2055 Inv | — | — | — | $540K | 5.8% | |
| Vanguard Target Retirement 2040 Inv | — | — | — | $463K | 5.0% | |
| Fidelity Total International Index | — | — | — | $393K | 4.2% | |
| Empower Annuity Insurance Company of America EI Fixed Account - Series Class I | — | — | — | $373K | 4.0% | |
| American Funds American Balanced R6 | — | — | — | $322K | 3.5% | |
| Fidelity Small Cap Index | — | — | — | $228K | 2.5% | |
| Vanguard Target Retirement 2065 Inv | — | — | — | $224K | 2.4% | |
| Vanguard Strategic Equity Inv | — | — | — | $192K | 2.1% | |
| Fidelity Mid Cap Index | — | — | — | $190K | 2.0% | |
| T. Rowe Price Blue Chip Growth I | — | — | — | $177K | 1.9% | |
| T. Rowe Price Dividend Growth I | — | — | — | $136K | 1.5% | |
| Columbia Dividend Income Institutional 3 Class | — | — | — | $130K | 1.4% | |
| Fidelity US Bond Index | — | — | — | $118K | 1.3% | |
| Vanguard Target Retirement 2030 Inv | — | — | — | $111K | 1.2% | |
| Vanguard Target Retirement 2025 Inv | — | — | — | $108K | 1.2% | |
| Vanguard Explorer Adm | — | — | — | $106K | 1.1% | |
| Goldman Sachs GQC Partners International Opportunities Fund Class R6 | — | — | — | $99K | 1.1% | |
| American Funds New World R6 | — | — | — | $75K | 0.8% | |
| Invesco Small Cap Value R6 | — | — | — | $75K | 0.8% | |
| MFS Research International R6 | — | — | — | $74K | 0.8% | |
| Vanguard Wellesley Income Adm | — | — | — | $61K | 0.7% | |
| September 2027 | — | — | — | $61K | 0.6% | |
| Pioneer Strategic Income K | — | — | — | $52K | 0.6% | |
| Vanguard International Value Portfolio | — | — | — | $35K | 0.4% | |
| Franklin Small-Mid Cap Growth R6 | — | — | — | $34K | 0.4% | |
| Harbor Mid Cap Value Retirement | — | — | — | $29K | 0.3% | |
| Pimco Real Return Instl | — | — | — | $28K | 0.3% | |
| Western Asset Core Plus Bond Is | — | — | — | $23K | 0.2% | |
| Vanguard High-Yield Corporate Adm | — | — | — | $17K | 0.2% | |
| Blackrock Strategic Global Bond K | — | — | — | $14K | 0.2% | |
| Vanguard Target Retirement 2070 Inv | — | — | — | $3K | <0.1% |
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