2023 Form 5500 filing — Altek Company Employees Savings Trust
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 20240911124748NAL0012351168001) for Altek Company Employees Savings Trust, reported by Altek Electronics, Inc. under EIN 20-0519095 and plan number 001. It reports 177 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240911124748NAL0012351168001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Altek Electronics, Inc.
- EIN
- 20-0519095
- Plan number
- 001
- Location
- Torrington, CT
- Participants
- 177
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,010,940
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,010,940
- Employer contributions
- $254,080
- Participant contributions
- $502,735
- Total income / additions
- $2,247,784
- Benefits paid
- $449,719
- Administrative expenses
- $37,709
- Total expenses
- $493,143
- Net increase / (decrease)
- $1,754,641
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Patriot Financial Group Insuran | INVESTMENT ADVISOR | $15,405 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $6,159 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $739 | not reported in the loaded dataset |