2023 Form 5500 filing — Fastening Solutions, Inc. Employee 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 20241014141023NAL0015076787001) for Fastening Solutions, Inc. Employee Retirement Plan, reported by Fastening Solutions, Inc. under EIN 63-0400499 and plan number 001. It reports 181 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014141023NAL0015076787001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Fastening Solutions, Inc.
- EIN
- 63-0400499
- Plan number
- 001
- Location
- Montgomery, AL
- Participants
- 181
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,215,054
- Total liabilities (EOY)
- $964
- Net assets (EOY)
- $24,214,090
- Employer contributions
- $374,702
- Participant contributions
- $744,613
- Total income / additions
- $5,224,569
- Benefits paid
- $2,657,597
- Administrative expenses
- $78,328
- Total expenses
- $2,735,925
- Net increase / (decrease)
- $2,488,644
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Sanctuary Advisors LLC | INVESTMENT ADVISOR | $45,278 | not reported in the loaded dataset |
| Ascensus Holdings Inc | CONTRACT ADMIN | $6,538 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $6,505 | not reported in the loaded dataset |
| Erisa Services Inc | CONTRACT ADMIN | $2,640 | $2,804 |
| Empower Annuity Ins. Co. Of America | RECORDKEEPER | $0 | $0 |