2023 Form 5500 filing — Deister Machine Company, Inc. 401k Salary Reduction Plan And 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 20240924121728NAL0012763537001) for Deister Machine Company, Inc. 401k Salary Reduction Plan And Trust, reported by Deister Machine Company, Inc. under EIN 35-0266470 and plan number 001. It reports 366 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924121728NAL0012763537001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Deister Machine Company, Inc.
- EIN
- 35-0266470
- Plan number
- 001
- Location
- Fort Wayne, IN
- Participants
- 366
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,808,995
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,808,995
- Employer contributions
- $489,408
- Participant contributions
- $981,162
- Total income / additions
- $3,630,268
- Benefits paid
- $1,196,374
- Administrative expenses
- $62,895
- Total expenses
- $1,259,269
- Net increase / (decrease)
- $2,370,999
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Retirement Plan Servic | RETAINED BY EMPLOYER | $38,970 | $0 |
| Sigma Financial Corporation | RETAINED BY EMPLOYER | $23,925 | not reported in the loaded dataset |