Schultes Precision Manufacturing 401(K) Plan — Form 5500 plan (Schultes Precision Manufacturing, 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, Schultes Precision Manufacturing 401(K) Plan is a benefit plan reported by Schultes Precision Manufacturing, Inc under EIN 36-2426522 and plan number 001. The latest loaded filing year is 2023. The filing reports 194 participants and $4,075,122 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Schultes Precision Manufacturing, Inc
- EIN
- 36-2426522
- Plan number
- 001
- Plan type
- 2
- Location
- Buffalo Grove, IL
- Latest filing year
- 2023
- Participants
- 194
- End-of-year plan assets
- $4,075,122
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 194 | H, C | 20241014155752NAL0026646977001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,075,122
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,075,122
- Net assets (BOY)
- $4,281,921
Income & contributions
- Employer contributions
- $111,261
- Participant contributions
- $512,255
- Total contributions
- $665,320
- Total income / additions
- $1,226,379
Expenses & distributions
- Benefits paid
- $1,384,841
- Administrative expenses
- $48,337
- Total expenses
- $1,433,178
- Net increase / (decrease)
- -$206,799
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alliance Pension Consultants | RECORDKEEPER | $33,337 | not reported in the loaded dataset | 2023 |
| Paul D. Sippil & Associates | INVESTMENT ADVISOR | $15,000 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | CUSTODIAN | $3 | $1,967 | 2023 |
| Charles Schwab & Co., Inc. | CUSTODIAN | $261 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Schultes Precision Manufacturing, Inc
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Buffalo Grove, IL
- Alliance Pension Consultants — Schedule C compensation
- Paul D. Sippil & Associates — Schedule C compensation
- Charles Schwab Trust Bank — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation