Ftp 401(K) Plan — Form 5500 plan (Ft Precision 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, Ftp 401(K) Plan is a benefit plan reported by Ft Precision Inc. under EIN 31-1420574 and plan number 001. The latest loaded filing year is 2023. The filing reports 271 participants and $11,504,830 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ft Precision Inc.
- EIN
- 31-1420574
- Plan number
- 001
- Plan type
- 2
- Location
- Fredericktown, OH
- Latest filing year
- 2023
- Participants
- 271
- End-of-year plan assets
- $11,504,830
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 271 | H, C | 20250115151748NAL0012811059001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,504,830
- Net assets (EOY)
- $11,504,830
- Net assets (BOY)
- $10,551,768
Income & contributions
- Employer contributions
- $193,472
- Participant contributions
- $457,288
- Total contributions
- $650,760
- Total income / additions
- $2,786,576
Expenses & distributions
- Benefits paid
- $1,741,584
- Administrative expenses
- $9,654
- Total expenses
- $1,833,514
- Net increase / (decrease)
- $953,062
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | RECORDKEEPER | $22,700 | $88,429 | 2023 |
| The Pension Design Group | RECORDKEEPER | $27,591 | $541 | 2023 |
| Hbk Cpas And Consultants | AUDITOR | $12,000 | not reported in the loaded dataset | 2023 |