Civic Intelligence

Flagship Industries Inc.

Plan context: FLAGSHIP INDUSTRIES INC RETIREMENT PLAN

EIN 11-2824248 • Smithtown, NY • 25 filings • 5 plans

222 Middle Country Road # A-208Smithtown, NY 11788
Current Snapshot

Latest Year

2024

2024 Participants

2

2024 Assets

$1,069,699

2024 Contributions

$250,000

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$1,069,699$534,850$0199920152024YearValue
$1,069,699Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

320199920142024YearValue
2Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202422$1,069,699$250,000$125,000iApproximate average salary by contribution assumption: employee only about $3,125,000 at 4% or $2,083,333 at 6%; with 50% employer match about $2,083,333 at 4% or $1,388,889 at 6%; with 100% employer match about $1,562,500 at 4% or $1,041,667 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$740,006$0-
FLAGSHIP INDUSTRIES INC DEFINED BENEFIT PLAN-2$329,693$250,000$125,000iApproximate average salary by contribution assumption: employee only about $3,125,000 at 4% or $2,083,333 at 6%; with 50% employer match about $2,083,333 at 4% or $1,388,889 at 6%; with 100% employer match about $1,562,500 at 4% or $1,041,667 at 6%.
202322$899,202$105,000$52,500iApproximate average salary by contribution assumption: employee only about $1,312,500 at 4% or $875,000 at 6%; with 50% employer match about $875,000 at 4% or $583,333 at 6%; with 100% employer match about $656,250 at 4% or $437,500 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$703,354$0-
FLAGSHIP INDUSTRIES INC DEFINED BENEFIT PLAN-2$195,848$105,000$52,500iApproximate average salary by contribution assumption: employee only about $1,312,500 at 4% or $875,000 at 6%; with 50% employer match about $875,000 at 4% or $583,333 at 6%; with 100% employer match about $656,250 at 4% or $437,500 at 6%.
202222$749,100$87,367$43,684iApproximate average salary by contribution assumption: employee only about $1,092,088 at 4% or $728,058 at 6%; with 50% employer match about $728,058 at 4% or $485,372 at 6%; with 100% employer match about $546,044 at 4% or $364,029 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$661,733$0-
FLAGSHIP INDUSTRIES INC DEFINED BENEFIT PLAN-2$87,367$87,367$43,684iApproximate average salary by contribution assumption: employee only about $1,092,088 at 4% or $728,058 at 6%; with 50% employer match about $728,058 at 4% or $485,372 at 6%; with 100% employer match about $546,044 at 4% or $364,029 at 6%.
202112$723,728$44,722$22,361iApproximate average salary by contribution assumption: employee only about $559,025 at 4% or $372,683 at 6%; with 50% employer match about $372,683 at 4% or $248,456 at 6%; with 100% employer match about $279,513 at 4% or $186,342 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$723,728$44,722$22,361iApproximate average salary by contribution assumption: employee only about $559,025 at 4% or $372,683 at 6%; with 50% employer match about $372,683 at 4% or $248,456 at 6%; with 100% employer match about $279,513 at 4% or $186,342 at 6%.
202012$597,414$45,540$22,770iApproximate average salary by contribution assumption: employee only about $569,250 at 4% or $379,500 at 6%; with 50% employer match about $379,500 at 4% or $253,000 at 6%; with 100% employer match about $284,625 at 4% or $189,750 at 6%.
FLAGSHIP INDUSTRIES, INC. RETIREMENT PLAN-2$597,414$45,540$22,770iApproximate average salary by contribution assumption: employee only about $569,250 at 4% or $379,500 at 6%; with 50% employer match about $379,500 at 4% or $253,000 at 6%; with 100% employer match about $284,625 at 4% or $189,750 at 6%.
201912$575,177$55,000$27,500iApproximate average salary by contribution assumption: employee only about $687,500 at 4% or $458,333 at 6%; with 50% employer match about $458,333 at 4% or $305,556 at 6%; with 100% employer match about $343,750 at 4% or $229,167 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$575,177$55,000$27,500iApproximate average salary by contribution assumption: employee only about $687,500 at 4% or $458,333 at 6%; with 50% employer match about $458,333 at 4% or $305,556 at 6%; with 100% employer match about $343,750 at 4% or $229,167 at 6%.
201812$494,101$55,000$27,500iApproximate average salary by contribution assumption: employee only about $687,500 at 4% or $458,333 at 6%; with 50% employer match about $458,333 at 4% or $305,556 at 6%; with 100% employer match about $343,750 at 4% or $229,167 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$494,101$55,000$27,500iApproximate average salary by contribution assumption: employee only about $687,500 at 4% or $458,333 at 6%; with 50% employer match about $458,333 at 4% or $305,556 at 6%; with 100% employer match about $343,750 at 4% or $229,167 at 6%.
201712$456,923$54,000$27,000iApproximate average salary by contribution assumption: employee only about $675,000 at 4% or $450,000 at 6%; with 50% employer match about $450,000 at 4% or $300,000 at 6%; with 100% employer match about $337,500 at 4% or $225,000 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$456,923$54,000$27,000iApproximate average salary by contribution assumption: employee only about $675,000 at 4% or $450,000 at 6%; with 50% employer match about $450,000 at 4% or $300,000 at 6%; with 100% employer match about $337,500 at 4% or $225,000 at 6%.
201612$356,338$54,000$27,000iApproximate average salary by contribution assumption: employee only about $675,000 at 4% or $450,000 at 6%; with 50% employer match about $450,000 at 4% or $300,000 at 6%; with 100% employer match about $337,500 at 4% or $225,000 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$356,338$54,000$27,000iApproximate average salary by contribution assumption: employee only about $675,000 at 4% or $450,000 at 6%; with 50% employer match about $450,000 at 4% or $300,000 at 6%; with 100% employer match about $337,500 at 4% or $225,000 at 6%.
201512$284,035$55,550$27,775iApproximate average salary by contribution assumption: employee only about $694,375 at 4% or $462,917 at 6%; with 50% employer match about $462,917 at 4% or $308,611 at 6%; with 100% employer match about $347,188 at 4% or $231,458 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$284,035$55,550$27,775iApproximate average salary by contribution assumption: employee only about $694,375 at 4% or $462,917 at 6%; with 50% employer match about $462,917 at 4% or $308,611 at 6%; with 100% employer match about $347,188 at 4% or $231,458 at 6%.
201412$226,805$54,000$27,000iApproximate average salary by contribution assumption: employee only about $675,000 at 4% or $450,000 at 6%; with 50% employer match about $450,000 at 4% or $300,000 at 6%; with 100% employer match about $337,500 at 4% or $225,000 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$226,805$54,000$27,000iApproximate average salary by contribution assumption: employee only about $675,000 at 4% or $450,000 at 6%; with 50% employer match about $450,000 at 4% or $300,000 at 6%; with 100% employer match about $337,500 at 4% or $225,000 at 6%.
201312$169,522$54,840$27,420iApproximate average salary by contribution assumption: employee only about $685,500 at 4% or $457,000 at 6%; with 50% employer match about $457,000 at 4% or $304,667 at 6%; with 100% employer match about $342,750 at 4% or $228,500 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$169,522$54,840$27,420iApproximate average salary by contribution assumption: employee only about $685,500 at 4% or $457,000 at 6%; with 50% employer match about $457,000 at 4% or $304,667 at 6%; with 100% employer match about $342,750 at 4% or $228,500 at 6%.
201212$109,071$53,679$26,840iApproximate average salary by contribution assumption: employee only about $670,988 at 4% or $447,325 at 6%; with 50% employer match about $447,325 at 4% or $298,217 at 6%; with 100% employer match about $335,494 at 4% or $223,663 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$109,071$53,679$26,840iApproximate average salary by contribution assumption: employee only about $670,988 at 4% or $447,325 at 6%; with 50% employer match about $447,325 at 4% or $298,217 at 6%; with 100% employer match about $335,494 at 4% or $223,663 at 6%.
201122$53,499$53,480$26,740iApproximate average salary by contribution assumption: employee only about $668,500 at 4% or $445,667 at 6%; with 50% employer match about $445,667 at 4% or $297,111 at 6%; with 100% employer match about $334,250 at 4% or $222,833 at 6%.
FLAGSHIP INDUSTRIES INC RETIREMENT PLAN-2$53,499$53,480$26,740iApproximate average salary by contribution assumption: employee only about $668,500 at 4% or $445,667 at 6%; with 50% employer match about $445,667 at 4% or $297,111 at 6%; with 100% employer match about $334,250 at 4% or $222,833 at 6%.
Flagship Industries Inc. Profit Sharing Trust-0$0$0-
201013$418,478$0-
Flagship Industries Inc. Profit Sharing Trust-3$418,478$0-
200913$393,789$0-
Flagship Industries Inc. Profit Sharing Trust-3$393,789$0-
200813$417,290$0-
Flagship Industries Inc. Profit Sharing Trust-3$417,290--
200713$0$0-
Flagship Industries Inc. Profit Sharing Trust-3---
200613$603,383$1,000$333iApproximate average salary by contribution assumption: employee only about $8,333 at 4% or $5,556 at 6%; with 50% employer match about $5,556 at 4% or $3,704 at 6%; with 100% employer match about $4,167 at 4% or $2,778 at 6%.
Flagship Industries Inc. Profit Sharing Trust-3$603,383$1,000$333iApproximate average salary by contribution assumption: employee only about $8,333 at 4% or $5,556 at 6%; with 50% employer match about $5,556 at 4% or $3,704 at 6%; with 100% employer match about $4,167 at 4% or $2,778 at 6%.
200513$564,838$20,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
Flagship Industries Inc. Profit Sharing Trust-3$564,838$20,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
199913$453,754$37,759$12,586iApproximate average salary by contribution assumption: employee only about $314,658 at 4% or $209,772 at 6%; with 50% employer match about $209,772 at 4% or $139,848 at 6%; with 100% employer match about $157,329 at 4% or $104,886 at 6%.
Flagship Industries Inc. Profit Sharing Trust-3$453,754$37,759$12,586iApproximate average salary by contribution assumption: employee only about $314,658 at 4% or $209,772 at 6%; with 50% employer match about $209,772 at 4% or $139,848 at 6%; with 100% employer match about $157,329 at 4% or $104,886 at 6%.
Flagship Industries Inc. | EIN 11-2824248 | 2024 Form 5500 Company Profile