2023 Form 5500 filing — Toyon Research Corporation Employee Stock Ownership 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 20250715110819NAL0003148480001) for Toyon Research Corporation Employee Stock Ownership Plan, reported by Toyon Research Corporation under EIN 95-3526665 and plan number 003. It reports 304 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250715110819NAL0003148480001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Toyon Research Corporation
- EIN
- 95-3526665
- Plan number
- 003
- Location
- Goleta, CA
- Participants
- 304
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $188,691,798
- Total liabilities (EOY)
- $331,758
- Net assets (EOY)
- $188,360,040
- Employer contributions
- $7,631,768
- Participant contributions
- $1,323,217
- Total income / additions
- $52,017,267
- Benefits paid
- $7,488,024
- Administrative expenses
- $175,686
- Total expenses
- $7,907,317
- Net increase / (decrease)
- $44,109,950
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $89,310 | $0 |
| Chartwell | OTHER SERVICES | $27,782 | not reported in the loaded dataset |
| Nasif Hicks Harris & Co Llp. | ACCOUNTANT | $24,226 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |