Akron Foundry Company, Inc. 401(K) And Profit Sharing Plan — Form 5500 plan (Akron Foundry Company, 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, Akron Foundry Company, Inc. 401(K) And Profit Sharing Plan is a benefit plan reported by Akron Foundry Company, Inc. under EIN 34-1045266 and plan number 001. The latest loaded filing year is 2023. The filing reports 194 participants and $4,027,378 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4MPlan net assets, end of year$4,027,378
Participants194Covered participants reported
Assets / participant$20.8KComputed: assets ÷ participants$20,760 (computed)
Provider compensation$38.4K1 Schedule C provider row(s)$38,430
Plan sponsor
Akron Foundry Company, Inc.
EIN
34-1045266
Plan number
001
Plan type
2
Location
Akron, OH
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

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

  1. 2023
    194 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)$4M total assets
Net assets$4MLiabilities
Money in vs. money out
Total income / additions$753.7K
Total expenses$411.5K
Benefits paid / distributions$408.7K
Contributions
Employer$61.9K
Participant$216.3K
Full reported line items

Net assets

Total assets (EOY)
$4,027,378
Net assets (EOY)
$4,027,378
Net assets (BOY)
$3,685,090

Income & contributions

Employer contributions
$61,914
Participant contributions
$216,300
Total contributions
$273,766
Total income / additions
$753,744

Expenses & distributions

Benefits paid
$408,706
Administrative expenses
$2,750
Total expenses
$411,456
Net increase / (decrease)
$342,288
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 22%Participant 78%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income54%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

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

  1. 1
    SERVICE PROVIDER · Indirect $38.4K

Related Form 5500 pages