2023 Form 5500 filing — Micro Tool Company Employee Benefit 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 20240709150426NAL0029462610001) for Micro Tool Company Employee Benefit Plan, reported by Micro Tool Company, Inc. under EIN 23-2679747 and plan number 501. It reports 38 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)-$2.2KReported net assets-$2,173
Participants38
Provider compensation$2K3 Schedule C row(s)$1,962
Schedules filedSchedule I, Schedule CLoaded schedules
EFAST2 acknowledgement
20240709150426NAL0029462610001
Plan sponsor
Micro Tool Company, Inc.
EIN
23-2679747
Plan number
501
Location
Bethlehem, 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)$43.1K total assets
Net assets-$2.2KLiabilities$45.2K
Money in vs. money out
Total income / additions$26K
Total expenses$61K
Benefits paid / distributions$50.6K
Contributions
Employer$21.4K
Participant$4.5K
Full reported line items
Total assets (EOY)
$43,060
Total liabilities (EOY)
$45,233
Net assets (EOY)
-$2,173
Employer contributions
$21,424
Participant contributions
$4,452
Total income / additions
$25,999
Benefits paid
$50,585
Administrative expenses
$0
Total expenses
$60,973
Net increase / (decrease)
-$34,974

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Employee Benefits Consultants, LLCBROKER$930not reported in the loaded dataset
The Benecon GroupBROKER$863not reported in the loaded dataset
Connectcare3PATIENT ADVOCATE$169not reported in the loaded dataset

Related Form 5500 pages