2023 Form 5500 filing — Custom Bandag, Inc. 401(K) Salary Reduction 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 20241014100652NAL0045566624001) for Custom Bandag, Inc. 401(K) Salary Reduction Plan And Trust, reported by Custom Bandag, Inc. under EIN 22-2084422 and plan number 001. It reports 315 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014100652NAL0045566624001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Custom Bandag, Inc.
- EIN
- 22-2084422
- Plan number
- 001
- Location
- Linden, NJ
- Participants
- 315
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,466,395
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,466,395
- Employer contributions
- $54,044
- Participant contributions
- $180,174
- Total income / additions
- $887,517
- Benefits paid
- $166,984
- Administrative expenses
- $57,949
- Total expenses
- $224,933
- Net increase / (decrease)
- $662,584
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kestra Advisoty Services | INVESTMENT ADVISOR | $0 | $26,682 |
| John Hancock Life Insurance Company | RECORDKEEPER | $190 | not reported in the loaded dataset |