Xtek Inc Employee Stock Ownership Plan — Form 5500 plan (Xtek 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, Xtek Inc Employee Stock Ownership Plan is a benefit plan reported by Xtek Inc under EIN 31-0847969 and plan number 004. The latest loaded filing year is 2023. The filing reports 621 participants and $65,681,450 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$65.7MPlan net assets, end of year$65,681,450
Participants621Covered participants reported
Assets / participant$105.8KComputed: assets ÷ participants$105,767 (computed)
Provider compensationNone reported
Plan sponsor
Xtek Inc
EIN
31-0847969
Plan number
004
Plan type
2
Location
Cincinnati, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023621H20250331063359NAL0010151986001
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)$65.7M total assets
Net assets$65.7MLiabilities$0
Money in vs. money out
Total income / additions$18.9M
Total expenses$9.4M
Benefits paid / distributions$9.4M
Full reported line items

Net assets

Total assets (EOY)
$65,681,450
Total liabilities (EOY)
$0
Net assets (EOY)
$65,681,450
Net assets (BOY)
$56,099,712

Income & contributions

Total contributions
$2,110,135
Total income / additions
$18,944,689

Expenses & distributions

Benefits paid
$9,362,951
Administrative expenses
$0
Total expenses
$9,362,951
Net increase / (decrease)
$9,581,738
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 assets14%Computed ratio
Benefits paid ÷ total income49%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages