2023 Form 5500 filing — Clampco Products, Inc. 401k 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 20241009141154NAL0037286818001) for Clampco Products, Inc. 401k Profit Sharing Plan, reported by Clampco Products, Inc. under EIN 34-1097609 and plan number 001. It reports 228 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009141154NAL0037286818001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Clampco Products, Inc.
- EIN
- 34-1097609
- Plan number
- 001
- Location
- Wadsworth, OH
- Participants
- 228
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,358,591
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,358,591
- Employer contributions
- $0
- Participant contributions
- $542,179
- Total income / additions
- $2,885,384
- Benefits paid
- $1,539,226
- Administrative expenses
- $33,415
- Total expenses
- $1,572,641
- Net increase / (decrease)
- $1,312,743
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $31,321 | $0 |
| Tavco Financial Advisory, Inc | INVESTMENT ADVISORY | $0 | $14,097 |
| Commonwealth Financial Network | INVESTMENT ADVISORY | $0 | $12,009 |
| Definiti LLC | CONTRACTOR ADMINISTRATOR | $2,099 | $6,291 |