2023 Form 5500 filing — Napco Security Technologies, Inc. 401(K) 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 20240925094139NAL0005363411001) for Napco Security Technologies, Inc. 401(K) Profit Sharing Plan, reported by Napco Security Technologies, Inc. under EIN 11-2277818 and plan number 002. It reports 293 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925094139NAL0005363411001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Napco Security Technologies, Inc.
- EIN
- 11-2277818
- Plan number
- 002
- Location
- Amityville, NY
- Participants
- 293
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $39,470,905
- Total liabilities (EOY)
- $42,141
- Net assets (EOY)
- $39,428,764
- Employer contributions
- $247,363
- Participant contributions
- $1,638,349
- Total income / additions
- $9,275,065
- Benefits paid
- $2,561,201
- Administrative expenses
- $88,619
- Total expenses
- $2,649,820
- Net increase / (decrease)
- $6,625,245
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Sentinel Pension Advisors | NONE | $43,000 | not reported in the loaded dataset |
| Sentinel Benefits & Financial Grp | NONE | $34,401 | not reported in the loaded dataset |
| Fidelity Institutional Wealth Servi | NONE | $12,227 | not reported in the loaded dataset |
| Reliance Trust Company | NONE | $5,133 | not reported in the loaded dataset |