Tinius Olsen Testing Machine Co, Inc. Employee Benefit Plan (502) — Form 5500 plan (Tinius Olsen Testing Machine Co, 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, Tinius Olsen Testing Machine Co, Inc. Employee Benefit Plan (502) is a benefit plan reported by Tinius Olsen Testing Machine Co, Inc. under EIN 23-0931190 and plan number 502. The latest loaded filing year is 2023. The filing reports 74 participants and $175,901 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$55KPlan net assets, end of year$54,989
Participants74Covered participants reported
Assets / participant$2.4KComputed: assets ÷ participants$2,377 (computed)
Provider compensation$87.6K4 Schedule C provider row(s)$87,591
- Plan sponsor
- Tinius Olsen Testing Machine Co, Inc.
- EIN
- 23-0931190
- Plan number
- 502
- Plan type
- 2
- Location
- Horsham, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 74 | I, C | 20241008094757NAL0029498704001 |
Schedule I · 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)$175.9K total assets
Net assets$55KLiabilities$120.9K
Full reported line items
Net assets
- Total assets (EOY)
- $175,901
- Total liabilities (EOY)
- $120,912
- Net assets (EOY)
- $54,989
- Net assets (BOY)
- -$270,824
Income & contributions
- Employer contributions
- $907,549
- Participant contributions
- $326,519
- Total income / additions
- $1,268,152
Expenses & distributions
- Benefits paid
- $422,933
- Administrative expenses
- $27,099
- Total expenses
- $942,339
- Net increase / (decrease)
- $325,813
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.
74%26%
Employer 74%Participant 26%
Total expenses ÷ net assets1714%Computed ratio
Benefits paid ÷ total income33%Computed ratio
Provider comp. ÷ net assets159%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hardenbergh Insurance Group | BROKER | $36,972 | not reported in the loaded dataset | 2023 |
| Independence Administrators | ADMIN | $27,099 | not reported in the loaded dataset | 2023 |
| The Benecon Group, LLC | BROKER | $18,344 | not reported in the loaded dataset | 2023 |
| Connectcare 3 | PATIENT ADVOCATE | $5,176 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Tinius Olsen Testing Machine Co, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Horsham, PA
- Hardenbergh Insurance Group — Schedule C compensation
- Independence Administrators — Schedule C compensation
- The Benecon Group, LLC — Schedule C compensation
- Connectcare 3 — Schedule C compensation