Ferrotec Tax Savings Deposit And Investment Plan — Form 5500 plan (Ferrotec Usa Corporation)
Plain-English plan 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, Ferrotec Tax Savings Deposit And Investment Plan is a benefit plan reported by Ferrotec Usa Corporation under EIN 02-0275185 and plan number 001. The latest loaded filing year is 2023. The filing reports 481 participants and $55,475,477 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ferrotec Usa Corporation
- EIN
- 02-0275185
- Plan number
- 001
- Plan type
- 2
- Location
- Bedford, NH
- Latest filing year
- 2023
- Participants
- 481
- End-of-year plan assets
- $55,475,477
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 481 | H, C | 20241014212834NAL0027190913001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $55,475,477
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $55,475,477
- Net assets (BOY)
- $49,535,737
Income & contributions
- Employer contributions
- $1,155,821
- Participant contributions
- $3,052,628
- Total contributions
- $4,274,877
- Total income / additions
- $11,967,008
Expenses & distributions
- Benefits paid
- $5,998,464
- Administrative expenses
- $28,804
- Total expenses
- $6,027,268
- Net increase / (decrease)
- $5,939,740
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sentinel Benefits Group, Inc. | N/A | $27,804 | not reported in the loaded dataset | 2023 |