Plan5500

Sifco Industries, Inc. Employees' 401(K) Plan — Form 5500 plan (Sifco 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, Sifco Industries, Inc. Employees' 401(K) Plan is a benefit plan reported by Sifco Industries, Inc. under EIN 34-0553950 and plan number 006. The latest loaded filing year is 2023. The filing reports 269 participants and $19,446,064 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$19.4MPlan net assets, end of year$19,446,064
Participants269Covered participants reported
Assets / participant$72.3KComputed: assets ÷ participants$72,290 (computed)
Provider compensation$65.4K4 Schedule C provider row(s)$65,380
Plan sponsor
Sifco Industries, Inc.
EIN
34-0553950
Plan number
006
Plan type
2
Location
Cleveland, OH
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    269 participants · 2Sch HSch C
    View filing →
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)$19.4M total assets
Net assets$19.4MLiabilities$0
Money in vs. money out
Total income / additions$4M
Total expenses$1.7M
Benefits paid / distributions$1.6M
Contributions
Employer$481.9K
Participant$910.6K
Full reported line items

Net assets

Total assets (EOY)
$19,446,064
Total liabilities (EOY)
$0
Net assets (EOY)
$19,446,064
Net assets (BOY)
$17,120,935

Income & contributions

Employer contributions
$481,938
Participant contributions
$910,585
Total contributions
$1,428,427
Total income / additions
$4,004,133

Expenses & distributions

Benefits paid
$1,606,140
Administrative expenses
$63,129
Total expenses
$1,679,004
Net increase / (decrease)
$2,325,129
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.

Contribution share (employer vs. participant)
Employer 35%Participant 65%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Empower Annuity Insurance Company$34.3K
    RECORDKEEPER · Direct $34.3K · Indirect $0
  2. 2
    Global Retirement Partners LLC$24.8K
    INVESTMENT ADVISOR · Direct $24.8K
  3. 3
    Empower Advisory Group, LLC$5.8K
    INVESTMENT MGMT · Direct $5.8K
  4. 4
    Qdro Consultants Company, LLC$400
    OTHER · Direct $400

What to inspect next

Frequently asked questions

Who sponsors the Sifco Industries, Inc. Employees' 401(K) Plan?
Sifco Industries, Inc. Employees' 401(K) Plan is reported as sponsored by Sifco Industries, Inc. (EIN 34-0553950, plan number 006) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Sifco Industries, Inc. Employees' 401(K) Plan?
The latest Form 5500 filing year loaded for Sifco Industries, Inc. Employees' 401(K) Plan is 2023.
How many participants does Sifco Industries, Inc. Employees' 401(K) Plan report?
Sifco Industries, Inc. Employees' 401(K) Plan reports 269 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Sifco Industries, Inc. Employees' 401(K) Plan?
Sifco Industries, Inc. Employees' 401(K) Plan reports $19,446,064 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages