2023 Form 5500 filing — Acme Tools 401(K) 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 20240826050955NAL0005293987001) for Acme Tools 401(K) Plan, reported by Acme Electric Motor, Inc under EIN 45-0283814 and plan number 001. It reports 581 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240826050955NAL0005293987001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Acme Electric Motor, Inc
- EIN
- 45-0283814
- Plan number
- 001
- Location
- Grand Forks, ND
- Participants
- 581
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $31,243,058
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,243,058
- Employer contributions
- $686,979
- Participant contributions
- $1,818,740
- Total income / additions
- $7,198,736
- Benefits paid
- $3,286,652
- Administrative expenses
- $63,207
- Total expenses
- $3,395,442
- Net increase / (decrease)
- $3,803,294
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial | INVESTMENT/FINANCIAL ADVI | $22,423 | $0 |
| Principal Lif Insurance Company | CONTACT ADMINISTRATOR | $21,805 | $0 |
| Adp, Inc. | RECORD KEEPER | $18,979 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |