2023 Form 5500 filing — Turn On Products, Inc. Profit Sharing 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 20241015145356NAL0028833665001) for Turn On Products, Inc. Profit Sharing Plan, reported by Turn On Products, Inc. under EIN 13-2835172 and plan number 003. It reports 115 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015145356NAL0028833665001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Turn On Products, Inc.
- EIN
- 13-2835172
- Plan number
- 003
- Location
- New York, NY
- Participants
- 115
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,721,838
- Net assets (EOY)
- $10,721,838
- Employer contributions
- $270,506
- Participant contributions
- $395,878
- Total income / additions
- $1,996,972
- Benefits paid
- $1,268,407
- Administrative expenses
- $72,850
- Total expenses
- $1,341,257
- Net increase / (decrease)
- $655,715
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Oneamerica | RECORDKEEPER | $2,242 | $0 |
| Nfp Retirement Inc. | INVESTMENT AD VISOR | not reported in the loaded dataset | not reported in the loaded dataset |