Designatronics, Incorporated 401(K) Plan — Form 5500 plan (Designatronics, Incorporated)
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, Designatronics, Incorporated 401(K) Plan is a benefit plan reported by Designatronics, Incorporated under EIN 11-1972961 and plan number 001. The latest loaded filing year is 2023. The filing reports 251 participants and $13,558,189 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Designatronics, Incorporated
- EIN
- 11-1972961
- Plan number
- 001
- Plan type
- 2
- Location
- Hicksville, NY
- Latest filing year
- 2023
- Participants
- 251
- End-of-year plan assets
- $13,558,189
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 251 | H, C | 20241008080553NAL0008174643001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,558,189
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,558,189
- Net assets (BOY)
- $14,133,891
Income & contributions
- Employer contributions
- $194,009
- Participant contributions
- $751,436
- Total contributions
- $978,446
- Total income / additions
- $2,671,273
Expenses & distributions
- Benefits paid
- $3,207,530
- Administrative expenses
- $33,329
- Total expenses
- $3,246,975
- Net increase / (decrease)
- -$575,702
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners LLC | ADVISOR | $27,062 | not reported in the loaded dataset | 2023 |
| Debruin & Associates Cpa'S LLC | ACCOUNTANT/AUDITOR | $12,090 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$5,823 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Designatronics, Incorporated
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Hicksville, NY
- Global Retirement Partners LLC — Schedule C compensation
- Debruin & Associates Cpa'S LLC — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation