Flex-n-gate Corporation 401(k) Plan: Login, Facts & Contact Information

Flex-n-gate Corporation 401(k) Plan Facts

Plan name
FLEX-N-GATE CORPORATION 401(K) PLAN
Plan type
401(k) and profit sharing
Plan sponsor
FLEX-N-GATE LLC
Participants
10,639 (7,018 active employees)
Former employees with a balance
2,637
Plan assets
$404,980,318 at Dec 31, 2024
Average account balance
$60,762 across 6,665 accounts
Employer contributions
$10,936,081 in plan year 2024 (32% of all contributions)
Recordkeeper
Newport Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1994
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $33.9 million went into the plan in contributions, $10.9 million of it from the employer (32%).
  • $34.4 million was paid out to participants.
  • Investment and other income added $50.8 million.
  • Administrative expenses were $420,539, about $63 per account.

How the Flex-n-gate Corporation 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20196,516$257.6 million$10.0 million$12.7 million
202012,050$304.7 million$9.42 million$18.4 million
202110,132$352.1 million$10.1 million$29.7 million
20229,444$302.3 million$10.7 million$27.6 million
20239,770$354.6 million$11.1 million$30.1 million
202410,639$405.0 million$10.9 million$34.4 million

Flex-n-gate Corporation 401(k) Contact Information

Phone
217-384-6600
Mailing address
502 ANTHONY DRIVE, URBANA IL 61802
Plan sponsor
FLEX-N-GATE LLC
Employer identification number (EIN)
37-1049734
Plan number
002

Questions about the Flex-n-gate Corporation 401(k)

Does Flex-n-gate Corporation contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $10.9 million in employer contributions for plan year 2024.

Does the Flex-n-gate Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Flex-n-gate Corporation 401(k) plan?

10,639 participants at the start of plan year 2024, 7,018 of them active employees, and 2,637 former employees who still had money in the plan.

What is the average 401(k) balance at Flex-n-gate Corporation?

About $60,762 per account: $405.0 million in plan assets across 6,665 accounts with a balance at the end of plan year 2024.

Who manages the Flex-n-gate Corporation 401(k) accounts?

Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Flex-n-gate Corporation. How do I access my 401(k)?

Your account stays with Newport (an Ascensus company) after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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