2023 Form 5500 filing — Quality Tool And Stamping Co. , 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 20240927130521NAL0001271395001) for Quality Tool And Stamping Co. , Inc. 401(K) Profit Sharing Plan, reported by Quality Tool And Stamping Co., Inc. under EIN 38-1871914 and plan number 001. It reports 141 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)$10.8MReported net assets$10,781,492
Participants141
Provider compensation$80.2K3 Schedule C row(s)$80,195
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240927130521NAL0001271395001
Plan sponsor
Quality Tool And Stamping Co., Inc.
EIN
38-1871914
Plan number
001
Location
Muskegon Heights, MI
Received date
not reported in the loaded dataset
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)$10.8M total assets
Net assets$10.8MLiabilities$0
Money in vs. money out
Total income / additions$2.2M
Total expenses$835.3K
Benefits paid / distributions$783.6K
Contributions
Employer$135.2K
Participant$663.7K
Full reported line items
Total assets (EOY)
$10,781,492
Total liabilities (EOY)
$0
Net assets (EOY)
$10,781,492
Employer contributions
$135,241
Participant contributions
$663,708
Total income / additions
$2,167,426
Benefits paid
$783,602
Administrative expenses
$51,724
Total expenses
$835,326
Net increase / (decrease)
$1,332,100

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life InsuranceCONTRACT ADMIN$51,394$0
Ubs Financial Services IncINVEST ADV$0$24,216
Sheakley WorkforceCONTRACT ADMINISTRATOR$425$4,160

Related Form 5500 pages