Deister Machine Company, Inc. 401k Salary Reduction Plan And Trust — Form 5500 plan (Deister Machine 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, Deister Machine Company, Inc. 401k Salary Reduction Plan And Trust is a benefit plan reported by Deister Machine Company, Inc. under EIN 35-0266470 and plan number 001. The latest loaded filing year is 2023. The filing reports 366 participants and $17,808,995 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Deister Machine Company, Inc.
EIN
35-0266470
Plan number
001
Plan type
2
Location
Fort Wayne, IN
Latest filing year
2023
Participants
366
End-of-year plan assets
$17,808,995

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023366H, C20240924121728NAL0012763537001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$17,808,995
Total liabilities (EOY)
$0
Net assets (EOY)
$17,808,995
Net assets (BOY)
$15,437,996

Income & contributions

Employer contributions
$489,408
Participant contributions
$981,162
Total contributions
$1,528,674
Total income / additions
$3,630,268

Expenses & distributions

Benefits paid
$1,196,374
Administrative expenses
$62,895
Total expenses
$1,259,269
Net increase / (decrease)
$2,370,999

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Retirement Plan ServicRETAINED BY EMPLOYER$38,970$02023
Sigma Financial CorporationRETAINED BY EMPLOYER$23,925not reported in the loaded dataset2023

Related Form 5500 pages