Picut Industries, Inc. 401(K) Savings Plan — Form 5500 plan (Picut Industries, 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, Picut Industries, Inc. 401(K) Savings Plan is a benefit plan reported by Picut Industries, Inc. under EIN 22-3146919 and plan number 001. The latest loaded filing year is 2023. The filing reports 393 participants and $35,502,882 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Picut Industries, Inc.
EIN
22-3146919
Plan number
001
Plan type
2
Location
Garwood, NJ
Latest filing year
2023
Participants
393
End-of-year plan assets
$35,502,882

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023393H, C20241001101921NAL0006601633001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$35,502,882
Total liabilities (EOY)
$0
Net assets (EOY)
$35,502,882
Net assets (BOY)
$30,221,407

Income & contributions

Employer contributions
$827,608
Participant contributions
$1,831,074
Total contributions
$3,265,395
Total income / additions
$7,759,321

Expenses & distributions

Benefits paid
$2,339,475
Administrative expenses
$130,257
Total expenses
$2,477,846
Net increase / (decrease)
$5,281,475

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Resources Investment Advisors LLCADVISOR$67,265not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$41,652$02023
Withum Smith & Brown, PcACCOUNTANT/AUDITOR$15,340not reported in the loaded dataset2023
Lilling & Company LlpACCOUNTANT/AUDITOR$6,000not reported in the loaded dataset2023

Related Form 5500 pages