Eastman Strings Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Eastman Strings Inc)
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, Eastman Strings Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Eastman Strings Inc under EIN 04-3304142 and plan number 001. The latest loaded filing year is 2023. The filing reports 236 participants and $8,452,846 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Eastman Strings Inc
- EIN
- 04-3304142
- Plan number
- 001
- Plan type
- 2
- Location
- Pomona, CA
- Latest filing year
- 2023
- Participants
- 236
- End-of-year plan assets
- $8,452,846
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 236 | H, C | 20241014155018NAL0015242515001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,452,846
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,452,846
- Net assets (BOY)
- $6,583,630
Income & contributions
- Employer contributions
- $216,080
- Participant contributions
- $553,726
- Total contributions
- $769,806
- Total income / additions
- $2,089,095
Expenses & distributions
- Benefits paid
- $178,820
- Administrative expenses
- $41,059
- Total expenses
- $219,879
- Net increase / (decrease)
- $1,869,216
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch, Pierce, Fenner | INVESTMENT ADVISORY PLAN | $27,103 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $13,778 | not reported in the loaded dataset | 2023 |