Department of Labor filing

OMEGA FLEX, INC.

OMEGA FLEX, INC. 401K PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jun 30, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

73filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$5,780

Reported employer contributions per active participant.

Higher than about 97% of comparable plans

#People in the filing

149

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$292 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 18% of comparable plans

↗Investment performance

Not available

Plan assets changed 5.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202473out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions97th percentileTypical peer $1,709 · based on 1,081 comparable plans

Lower reported administrative expense18th percentileTypical peer $180 · based on 1,089 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, OMEGA FLEX, INC. reported $861,287 in employer contributions across the plan and 149 active participants. That works out to $5,780 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy86%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 13.3%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 23.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context73/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $861,287
Participant contributions: $1,126,833
Other contributions: $0
Employer share of reported contributions: 43.3%
Beginning assets: $27,355,440
Ending assets: $28,933,277
Ending net assets: $28,933,277
Ending liabilities: $0
Total income: $5,219,968
Total expenses: $3,642,131
Administrative expenses: $49,016
Participant loans: $428,226

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$5,104

2023

$5,616

2024

$5,780

Plan-paid administrative expenses per participant

2022

$236

2023

$226

2024

$292

Active participants

2022

149

2023

144

2024

149

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$5,780	149	28.9M	20250630144441NAL0011913361001
2023	$5,616	144	27.4M	20240708130813NAL0026471362001
2022	$5,104	149	23.6M	20230714132429NAL0016475171001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.5%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 231948942-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2005
Industry: Industry group 332
Amended filing: Yes
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Current plan terms

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Filing ACK_ID20250630144441NAL0011913361001

Data sourceDOL Form 5500 bulk data ↗

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