First Tek 401(K) Plan — Form 5500 plan (First Tek, 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, First Tek 401(K) Plan is a benefit plan reported by First Tek, Inc. under EIN 22-3786614 and plan number 001. The latest loaded filing year is 2023. The filing reports 303 participants and $4,810,598 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$4.8MPlan net assets, end of year$4,810,598
Participants303Covered participants reported
Assets / participant$15.9KComputed: assets ÷ participants$15,877 (computed)
Provider compensation$7K2 Schedule C provider row(s)$6,992
- Plan sponsor
- First Tek, Inc.
- EIN
- 22-3786614
- Plan number
- 001
- Plan type
- 2
- Location
- Piscataway, NJ
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 303 | H, C | 20241014153926NAL0026599345001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$4.8M total assets
Net assets$4.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $4,810,598
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,810,598
- Net assets (BOY)
- $4,268,832
Income & contributions
- Participant contributions
- $670,344
- Total contributions
- $730,826
- Total income / additions
- $1,441,929
Expenses & distributions
- Benefits paid
- $851,708
- Administrative expenses
- $325
- Total expenses
- $900,163
- Net increase / (decrease)
- $541,766
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets19%Computed ratio
Benefits paid ÷ total income59%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| American Pension LLC | CONTRACT ADMIN | $0 | $4,542 | 2023 |
| Great West Life & Annuity Insurance | RECORDKEEPER | $2,450 | $0 | 2023 |