2023 Form 5500 filing — Picut Industries, Inc. 401(K) Savings 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 20241001101921NAL0006601633001) for Picut Industries, Inc. 401(K) Savings Plan, reported by Picut Industries, Inc. under EIN 22-3146919 and plan number 001. It reports 393 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001101921NAL0006601633001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Picut Industries, Inc.
- EIN
- 22-3146919
- Plan number
- 001
- Location
- Garwood, NJ
- Participants
- 393
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $35,502,882
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,502,882
- Employer contributions
- $827,608
- Participant contributions
- $1,831,074
- Total income / additions
- $7,759,321
- Benefits paid
- $2,339,475
- Administrative expenses
- $130,257
- Total expenses
- $2,477,846
- Net increase / (decrease)
- $5,281,475
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Resources Investment Advisors LLC | ADVISOR | $67,265 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $41,652 | $0 |
| Withum Smith & Brown, Pc | ACCOUNTANT/AUDITOR | $15,340 | not reported in the loaded dataset |
| Lilling & Company Llp | ACCOUNTANT/AUDITOR | $6,000 | not reported in the loaded dataset |