2023 Form 5500 filing — The Fort Walton Machining 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 20250422113912NAL0002272675001) for The Fort Walton Machining 401(K) Plan, reported by Fort Walton Machining, Inc. under EIN 59-2823872 and plan number 001. It reports 145 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250422113912NAL0002272675001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Fort Walton Machining, Inc.
- EIN
- 59-2823872
- Plan number
- 001
- Location
- Fort Walton Beach, FL
- Participants
- 145
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,149,453
- Total liabilities (EOY)
- $2,153
- Net assets (EOY)
- $4,147,300
- Employer contributions
- $48,308
- Participant contributions
- $364,580
- Total income / additions
- $977,044
- Benefits paid
- $267,575
- Administrative expenses
- $17,538
- Total expenses
- $285,113
- Net increase / (decrease)
- $691,931
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Pension Center Of Florida Inc | NONE | $850 | $10,511 |
| Merrill Lynch Pierce Fenner & Smith | NONE | $9,005 | not reported in the loaded dataset |
| Empower Annuity Insurance Co Of Ame | NONE | $6,875 | $0 |
| Principal Life Insurance Company | NONE | $1,099 | $0 |
| Empower Advisory Group, LLC | NONE | $8 | not reported in the loaded dataset |