Thruway Fasteners, Inc Employees Savings Plan — Form 5500 plan (Thruway Fasteners, 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, Thruway Fasteners, Inc Employees Savings Plan is a benefit plan reported by Thruway Fasteners, Inc under EIN 16-0838558 and plan number 003. The latest loaded filing year is 2023. The filing reports 152 participants and $8,761,163 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Thruway Fasteners, Inc
EIN
16-0838558
Plan number
003
Plan type
2
Location
N. Tonawanda, NY
Latest filing year
2023
Participants
152
End-of-year plan assets
$8,761,163

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023152H, C20241011092559NAL0010768483001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,761,163
Net assets (EOY)
$8,761,163
Net assets (BOY)
$7,429,925

Income & contributions

Employer contributions
$223,249
Participant contributions
$534,333
Total contributions
$757,582
Total income / additions
$1,948,027

Expenses & distributions

Benefits paid
$573,752
Administrative expenses
$43,037
Total expenses
$616,789
Net increase / (decrease)
$1,331,238

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Life & Annuity Insurance CoRECORDKEEPER$41,094$02023
Securities America Inc.BROKER/ADVISO R$0$18,8582023
Actuarial Consulting Services, IncCONTRACT ADMI NISTRATOR$1,235$7,8682023

Related Form 5500 pages