The Cornwell Quality Tools Company Employee Stock Ownership Plan — Form 5500 plan (Cornwell Quality Tools Company)
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, The Cornwell Quality Tools Company Employee Stock Ownership Plan is a benefit plan reported by Cornwell Quality Tools Company under EIN 34-0165010 and plan number 006. The latest loaded filing year is 2023. The filing reports 399 participants and $58,478,687 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cornwell Quality Tools Company
- EIN
- 34-0165010
- Plan number
- 006
- Plan type
- 2
- Location
- Wadsworth, OH
- Latest filing year
- 2023
- Participants
- 399
- End-of-year plan assets
- $58,478,687
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 399 | H | 20241015184149NAL0030653569001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $58,478,687
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $58,478,687
- Net assets (BOY)
- $57,092,847
Income & contributions
- Employer contributions
- $6,094,199
- Total contributions
- $6,094,199
- Total income / additions
- $7,995,519
Expenses & distributions
- Benefits paid
- $6,547,588
- Administrative expenses
- $230
- Total expenses
- $6,547,818
- Net increase / (decrease)
- $1,447,701
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.