2023 Form 5500 filing — Chiptech Inc 401(K) Profit Sharing Plan & 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 20241014125517NAL0013308755001) for Chiptech Inc 401(K) Profit Sharing Plan & Trust, reported by Chiptech Inc under EIN 65-0148317 and plan number 001. It reports 158 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$1.5MReported net assets$1,503,707
Participants158
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241014125517NAL0013308755001
Plan sponsor
Chiptech Inc
EIN
65-0148317
Plan number
001
Location
Hallandale, FL
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$1.5M total assets
Net assets$1.5MLiabilities$0
Money in vs. money out
Total income / additions$413K
Total expenses$65.1K
Benefits paid / distributions$58.7K
Contributions
Employer$51.6K
Participant$215K
Full reported line items
Total assets (EOY)
$1,503,707
Total liabilities (EOY)
$0
Net assets (EOY)
$1,503,707
Employer contributions
$51,624
Participant contributions
$214,967
Total income / additions
$412,954
Benefits paid
$58,749
Administrative expenses
$4,326
Total expenses
$65,053
Net increase / (decrease)
$347,901

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014125517NAL0013308755001 cover?
It is the 2023 Form 5500 filing for Chiptech Inc 401(K) Profit Sharing Plan & Trust, reported by Chiptech Inc (EIN 65-0148317).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials).

Related Form 5500 pages