2023 Form 5500 filing — Ftp 401(K) 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 20250115151748NAL0012811059001) for Ftp 401(K) Plan, reported by Ft Precision Inc. under EIN 31-1420574 and plan number 001. It reports 271 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250115151748NAL0012811059001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ft Precision Inc.
- EIN
- 31-1420574
- Plan number
- 001
- Location
- Fredericktown, OH
- Participants
- 271
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,504,830
- Net assets (EOY)
- $11,504,830
- Employer contributions
- $193,472
- Participant contributions
- $457,288
- Total income / additions
- $2,786,576
- Benefits paid
- $1,741,584
- Administrative expenses
- $9,654
- Total expenses
- $1,833,514
- Net increase / (decrease)
- $953,062
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | RECORDKEEPER | $22,700 | $88,429 |
| The Pension Design Group | RECORDKEEPER | $27,591 | $541 |
| Hbk Cpas And Consultants | AUDITOR | $12,000 | not reported in the loaded dataset |