Altek Company Employees Savings Trust — Form 5500 plan (Altek Electronics, 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, Altek Company Employees Savings Trust is a benefit plan reported by Altek Electronics, Inc. under EIN 20-0519095 and plan number 001. The latest loaded filing year is 2023. The filing reports 177 participants and $9,010,940 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Altek Electronics, Inc.
- EIN
- 20-0519095
- Plan number
- 001
- Plan type
- 2
- Location
- Torrington, CT
- Latest filing year
- 2023
- Participants
- 177
- End-of-year plan assets
- $9,010,940
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 177 | H, C | 20240911124748NAL0012351168001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,010,940
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,010,940
- Net assets (BOY)
- $7,256,299
Income & contributions
- Employer contributions
- $254,080
- Participant contributions
- $502,735
- Total contributions
- $756,815
- Total income / additions
- $2,247,784
Expenses & distributions
- Benefits paid
- $449,719
- Administrative expenses
- $37,709
- Total expenses
- $493,143
- Net increase / (decrease)
- $1,754,641
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Patriot Financial Group Insuran | INVESTMENT ADVISOR | $15,405 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $6,159 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $739 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Altek Electronics, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CT
- 401(k) and benefit plan filings in Torrington, CT
- The Patriot Financial Group Insuran — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation