Thermwood Corporation 401(K) Plan — Form 5500 plan (Thermwood Corporation)
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, Thermwood Corporation 401(K) Plan is a benefit plan reported by Thermwood Corporation under EIN 35-1169185 and plan number 001. The latest loaded filing year is 2023. The filing reports 157 participants and $16,545,532 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Thermwood Corporation
- EIN
- 35-1169185
- Plan number
- 001
- Plan type
- 2
- Location
- Dale, IN
- Latest filing year
- 2023
- Participants
- 157
- End-of-year plan assets
- $16,545,532
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 157 | H, C | 20241010141239NAL0020274161001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,545,532
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,545,532
- Net assets (BOY)
- $14,316,623
Income & contributions
- Employer contributions
- $104,898
- Participant contributions
- $614,740
- Total contributions
- $719,638
- Total income / additions
- $2,871,001
Expenses & distributions
- Benefits paid
- $604,339
- Administrative expenses
- $37,576
- Total expenses
- $642,092
- Net increase / (decrease)
- $2,228,909
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Retirement & Benefit | NONE | $21,239 | not reported in the loaded dataset | 2023 |
| Ascensus LLC | NONE | $16,337 | $0 | 2023 |