2023 Form 5500 filing — Adept Corporation 401(K) Profit Sharing Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240610094856NAL0014409027001) for Adept Corporation 401(K) Profit Sharing Plan, reported by Adept Corporation under EIN 23-1669970 and plan number 001. It reports 106 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$5.6MReported net assets$5,556,233
Participants106
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240610094856NAL0014409027001
Plan sponsor
Adept Corporation
EIN
23-1669970
Plan number
001
Location
York, PA
Received date
not reported in the loaded dataset
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$5.6M total assets
Net assets$5.6MLiabilities$4.7K
Money in vs. money out
Total income / additions$1M
Total expenses$238.7K
Benefits paid / distributions$213.7K
Contributions
Employer$43K
Participant$227.3K
Full reported line items
Total assets (EOY)
$5,560,980
Total liabilities (EOY)
$4,747
Net assets (EOY)
$5,556,233
Employer contributions
$43,040
Participant contributions
$227,253
Total income / additions
$1,015,363
Benefits paid
$213,687
Administrative expenses
$24,990
Total expenses
$238,677
Net increase / (decrease)
$776,686

Related Form 5500 pages