2023 Form 5500 filing — Tom Masano, Inc. 401(K) Salary Deferral 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 20241014153119NAL0015213043001) for Tom Masano, Inc. 401(K) Salary Deferral Plan, reported by Tom Masano, Inc. under EIN 23-1746978 and plan number 001. It reports 319 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$14.3MReported net assets$14,295,654
Participants319
Provider compensation$84.3K3 Schedule C row(s)$84,305
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014153119NAL0015213043001
- Plan sponsor
- Tom Masano, Inc.
- EIN
- 23-1746978
- Plan number
- 001
- Location
- Reading, PA
- Received date
- not reported in the loaded dataset
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)$14.3M total assets
Net assets$14.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $14,295,654
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,295,654
- Employer contributions
- $232,914
- Participant contributions
- $1,073,189
- Total income / additions
- $3,550,560
- Benefits paid
- $2,295,234
- Administrative expenses
- $84,305
- Total expenses
- $2,403,947
- Net increase / (decrease)
- $1,146,613
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $84,305 | $0 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |