Original filing (PDF)20240412180955NAL0003024561001

Fluid-Flow Products, Inc.

Name: Fluid-Flow Products, Inc. — Fluid Flow Products, Form 5500 (2022)
Creator: Fluid-Flow Products, Inc.
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Fluid Flow Products, Inc. 401(k) Profit Sharing Plan

401(k) retirement plan · Fluid-Flow Products, Inc.'s Fluid Flow Products, Inc. 401(k) Profit Sharing Plan held $70.9M in plan assets for 1,176 participants in 2022, with Empower as recordkeeper.

Signals · 2

Late participant contributionsCorrective distributions issued

Active participants

1,176

Accounts w/ balance

890

Plan assets (EOY)

$70.9M

Net assets (EOY)

$70.9M

How this plan invests

This plan

19 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 245K (2% of contributions).
Corrective distributions issued (likely failed ADP/ACP testing).
Total administrative cost in the bottom quartile of peers (18th percentile).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (9th percentile).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for FLUID-FLOW PRODUCTS, INC..

Plan sponsor

Name

FLUID-FLOW PRODUCTS, INC.

EIN

56-0898489all filings

Address

3915 SHOPTON ROAD · CHARLOTTE, NC · 28217

Phone

(844) 465-4455

Industry

Wholesale Trade

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2022

Plan year begin

2022-07-01

Tax period

2023-06-30

Filed

2024-04-12

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)

Service providers (Schedule C)

3 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ANNUITY INSURANCE COMPANY O	—	GREENWOOD VILLAGE, CO	RECORDKEEPER	$72K	—
EMPOWER ADVISORY GROUP, LLC	—	GREENWOOD VILLAGE, CO	INVESTMENT MGMT	$20K	—

Other service providers

Name	EIN	Location	Relation	Direct comp	Indirect comp
FLUID FLOW PRODUCTS INC

Investments

19 direct securities· $70.9M(100% of reported assets)

Other securities

$42.6M

11 holdings

Mutual Funds

$12.0M

4 holdings

Common Collective Trusts

$8.0M

1 holding

Stable Value

$4.9M

1 holding

Common Stocks

$2.5M

1 holding

Participant loans

$858K

1 holding

					% of plan
iShares U. S. Aggregate Bond Index K Mutual funds	Other securities	—	—	$11.0M	15.5%
JPMorgan Large Cap Growth R3 Mutual funds	Other securities	—	—	$10.4M	14.6%
MFS International Diversification A Mutual funds	Mutual Funds	—	—	$8.7M	12.3%
ISHARES S&P 500 Index I Mutual funds	Common Collective Trusts	—	—	$8.0M	11.3%
Columbia Dividend Income A Mutual funds	Other securities	—	—	$6.8M	9.6%
Key Guaranteed Portfolio Fund *Guaranteed investment contract	Stable Value	—	—	$4.9M	6.9%
Columbia Mid Cap Index A Mutual funds	Other securities	—	—	$3.1M	4.4%
Blackrock Mid- Cap Growth Equity Inv A Mutual funds	Other securities	—	—	$2.7M	3.8%
Victory Sycamore Small Co Opportunity A Mutual funds	Common Stocks	—	—	$2.5M	3.5%
Western Asset Core Plus Bond A Mutual funds	Other securities	—	—	$2.4M	3.4%
Invesco Developing Markets A Mutual funds	Mutual Funds	—	—	$2.4M	3.3%
Allspring Special Mid Cap Value A Mutual funds ** $	Other securities	—	—	$1.8M	2.5%
Columbia Small Cap Index A Mutual funds	Other securities	—	—	$1.5M	2.1%
First Eagle Global A Mutual funds	Other securities	—	—	$1.2M	1.7%
Federated Hermes Kaufmann Small Cap A Mutual funds	Other securities	—	—	$1.2M	1.7%
PARTICIPANT LOANS VARIOUS	Participant loans	—	$857K	$858K	1.2%
Fidelity Advisor Government Income M Mutual funds	Mutual Funds	—	—	$613K	0.9%
Principal Real Estate Securities Inst Mutual funds	Other securities	—	—	$517K	0.7%
Pimco Diversified Inc A Mutual funds	Mutual Funds	—	—	$323K	0.5%