2023 Form 5500 filing — Torcon, Inc. Retirement 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 20241014085813NAL0014671155001) for Torcon, Inc. Retirement Plan, reported by Torcon, Inc. under EIN 22-1773944 and plan number 002. It reports 302 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014085813NAL0014671155001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Torcon, Inc.
- EIN
- 22-1773944
- Plan number
- 002
- Location
- Red Bank, NJ
- Participants
- 302
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $94,374,879
- Net assets (EOY)
- $94,374,879
- Employer contributions
- $1,070,844
- Participant contributions
- $3,158,904
- Total income / additions
- $21,260,261
- Benefits paid
- $8,329,212
- Administrative expenses
- $180,714
- Total expenses
- $8,509,926
- Net increase / (decrease)
- $12,750,335
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $157,714 | $0 |
| Wiss & Company, Llp | AUDITOR | $23,000 | not reported in the loaded dataset |