2023 Form 5500 filing — Insteel Industries, Inc Retirement Savings 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 20250203132403NAL0011505248001) for Insteel Industries, Inc Retirement Savings Plan, reported by Insteel Industries, Inc. under EIN 56-0674867 and plan number 002. It reports 1,008 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)$68.4MReported net assets$68,430,385
Participants1K1,008
Provider compensation$92.9K2 Schedule C row(s)$92,941
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250203132403NAL0011505248001
Plan sponsor
Insteel Industries, Inc.
EIN
56-0674867
Plan number
002
Location
Mount Airy, NC
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)$68.4M total assets
Net assets$68.4MLiabilities$0
Money in vs. money out
Total income / additions$18.1M
Total expenses$6.7M
Benefits paid / distributions$6.7M
Contributions
Employer$1.7M
Participant$3.7M
Full reported line items
Total assets (EOY)
$68,430,385
Total liabilities (EOY)
$0
Net assets (EOY)
$68,430,385
Employer contributions
$1,674,344
Participant contributions
$3,694,613
Total income / additions
$18,122,980
Benefits paid
$6,656,214
Administrative expenses
$92,941
Total expenses
$6,749,155
Net increase / (decrease)
$11,373,825

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Oneamerica Retirement Services LLCPLAN ADMINISTRATOR$92,941not reported in the loaded dataset
Matrix Trust Company N.A.TRUSTEE$0not reported in the loaded dataset

Related Form 5500 pages