Perfecto Industries, Inc. Profit Sharing Plan — Form 5500 plan (Perfecto 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, Perfecto Industries, Inc. Profit Sharing Plan is a benefit plan reported by Perfecto Industries, Inc. under EIN 31-1034000 and plan number 003. The latest loaded filing year is 2023. The filing reports 120 participants and $18,045,630 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$18MPlan net assets, end of year$18,045,630
Participants120Covered participants reported
Assets / participant$150.4KComputed: assets ÷ participants$150,380 (computed)
Provider compensation$1641 Schedule C provider row(s)
- Plan sponsor
- Perfecto Industries, Inc.
- EIN
- 31-1034000
- Plan number
- 003
- Plan type
- 2
- Location
- Gaylord, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 120 | H, C | 20240918121213NAL0009078850001 |
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)$18M total assets
Net assets$18MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $18,045,630
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,045,630
- Net assets (BOY)
- $14,681,001
Income & contributions
- Employer contributions
- $519,710
- Participant contributions
- $608,006
- Total contributions
- $1,135,524
- Total income / additions
- $4,152,706
Expenses & distributions
- Benefits paid
- $785,393
- Administrative expenses
- $2,684
- Total expenses
- $788,077
- Net increase / (decrease)
- $3,364,629
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $164 | $0 | 2023 |