Reynolds Farm Equipment, Inc. 401(K) Plan — Form 5500 plan (Reynolds Farm Equipment, 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, Reynolds Farm Equipment, Inc. 401(K) Plan is a benefit plan reported by Reynolds Farm Equipment, Inc. under EIN 35-1047907 and plan number 002. The latest loaded filing year is 2023. The filing reports 629 participants and $14,108,244 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14.1MPlan net assets, end of year$14,108,244
Participants629Covered participants reported
Assets / participant$22.4KComputed: assets ÷ participants$22,430 (computed)
Provider compensation$2.3K1 Schedule C provider row(s)$2,315
Plan sponsor
Reynolds Farm Equipment, Inc.
EIN
35-1047907
Plan number
002
Plan type
2
Location
Atlanta, IN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023629H, C20241014112912NAL0045797872001
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)$14.1M total assets
Net assets$14.1MLiabilities$0
Money in vs. money out
Total income / additions$3.4M
Total expenses$601.5K
Benefits paid / distributions$599.2K
Contributions
Employer$374.7K
Participant$920K
Full reported line items

Net assets

Total assets (EOY)
$14,108,244
Total liabilities (EOY)
$0
Net assets (EOY)
$14,108,244
Net assets (BOY)
$11,274,581

Income & contributions

Employer contributions
$374,702
Participant contributions
$919,978
Total contributions
$1,305,643
Total income / additions
$3,435,160

Expenses & distributions

Benefits paid
$599,182
Administrative expenses
$2,315
Total expenses
$601,497
Net increase / (decrease)
$2,833,663
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 29%Participant 71%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income17%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$2,315$02023

Related Form 5500 pages