Festo Corporation 401(K) Plan — Form 5500 plan (Festo 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, Festo Corporation 401(K) Plan is a benefit plan reported by Festo Corporation under EIN 11-2270659 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,107 participants and $146,281,778 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Festo Corporation
EIN
11-2270659
Plan number
002
Plan type
2
Location
Islandia, NY
Latest filing year
2023
Participants
1,107
End-of-year plan assets
$146,281,778

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,107H, C20241015130811NAL0028521809001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$146,281,778
Total liabilities (EOY)
$0
Net assets (EOY)
$146,281,778
Net assets (BOY)
$118,956,194

Income & contributions

Employer contributions
$2,980,635
Participant contributions
$8,158,267
Total contributions
$12,281,246
Total income / additions
$37,668,578

Expenses & distributions

Benefits paid
$10,182,018
Administrative expenses
$95,198
Total expenses
$10,342,994
Net increase / (decrease)
$27,325,584

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Capfinancial Partners, LLCCONSULTANT$72,089not reported in the loaded dataset2023
Bdo Usa LlpACCOUNTANT/AUDITOR$10,963not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$126,720$02023

Related Form 5500 pages