2023 Form 5500 filing — Stangenes Industries, Inc. 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 20240801104045NAL0023590065001) for Stangenes Industries, Inc. Profit Sharing Plan, reported by Stangenes Industries, Inc. under EIN 94-2247016 and plan number 001. It reports 217 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$25.9MReported net assets$25,866,875

Participants217

Provider compensation$132.8K2 Schedule C row(s)$132,778

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240801104045NAL0023590065001
Plan sponsor: Stangenes Industries, Inc.
EIN: 94-2247016
Plan number: 001
Location: Palo Alto, CA
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

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

Reported balance (end of year)$25.9M total assets

Net assets$25.9MLiabilities—

Money in vs. money out

Total income / additions$5.4M

Total expenses$1.3M

Benefits paid / distributions$1.2M

Contributions

Employer$844.4K

Participant$422.9K

Full reported line items

Total assets (EOY): $25,866,875
Net assets (EOY): $25,866,875
Employer contributions: $844,378
Participant contributions: $422,868
Total income / additions: $5,379,437
Benefits paid: $1,204,733
Administrative expenses: $132,778
Total expenses: $1,345,248
Net increase / (decrease): $4,034,189

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Transamerica Financial Life Ins. Co$72.7K
RECORDKEEPER · Direct $72.7K · Indirect $0
2
Merrill Lynch Life Agency, Inc.$60.1K
ADVISORY · Direct $60.1K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240801104045NAL0023590065001 cover?: It is the 2023 Form 5500 filing for Stangenes Industries, Inc. Profit Sharing Plan, reported by Stangenes Industries, Inc. (EIN 94-2247016).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).