2023 Form 5500 filing — Adept Fasteners, Inc. 401(K) Profit Sharing 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 20241003184614NAL0010351905001) for Adept Fasteners, Inc. 401(K) Profit Sharing Plan And Trust, reported by Adept Fasteners, Inc. under EIN 20-0521369 and plan number 001. It reports 236 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003184614NAL0010351905001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Adept Fasteners, Inc.
- EIN
- 20-0521369
- Plan number
- 001
- Location
- Valencia, CA
- Participants
- 236
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,201,221
- Net assets (EOY)
- $26,201,221
- Employer contributions
- $633,541
- Participant contributions
- $1,498,185
- Total income / additions
- $6,705,878
- Benefits paid
- $1,025,672
- Administrative expenses
- $33,318
- Total expenses
- $1,063,328
- Net increase / (decrease)
- $5,642,550
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley | INVESTMENT AD R | $37,188 | $0 |
| Pension Profit Sharing Services Inc | CONTRACT ADMI N | $15,363 | $0 |
| Bpm Llp | AUDITOR | $10,165 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MNG | $7,097 | $0 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $0 | $0 |