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, Fortec Medical, Inc. 401(K) Profit Sharing is a benefit plan reported by Fortec Medical, Inc. under EIN 34-1662721 and plan number 001. The latest loaded filing year is 2023. The filing reports 775 participants and $48,459,414 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $48,459,414
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $48,459,414
- Net assets (BOY)
- $38,853,073
Income & contributions
- Employer contributions
- $1,864,174
- Participant contributions
- $3,060,561
- Total contributions
- $5,788,866
- Total income / additions
- $13,318,069
Expenses & distributions
- Benefits paid
- $3,666,963
- Administrative expenses
- $29,245
- Total expenses
- $3,711,728
- Net increase / (decrease)
- $9,606,341