Schultes Precision Mfg Employee Benefit Plan Trust — 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 Mfg Employee Benefit Plan Trust is a benefit plan reported by Schultes Precision Manufacturing, Inc. under EIN 36-2426522 and plan number 505. The latest loaded filing year is 2023. The filing reports 140 participants and $171,394 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
- 505
- Plan type
- 2
- Location
- Buffalo Grove, IL
- Latest filing year
- 2023
- Participants
- 140
- End-of-year plan assets
- $171,394
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 140 | H, C | 20241115160013NAL0000616019001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $171,394
- Total liabilities (EOY)
- $170,602
- Net assets (EOY)
- $792
- Net assets (BOY)
- $34,623
Income & contributions
- Employer contributions
- $1,044,305
- Participant contributions
- $418,325
- Total contributions
- $1,462,630
- Total income / additions
- $1,462,630
Expenses & distributions
- Benefits paid
- $1,319,244
- Administrative expenses
- $177,217
- Total expenses
- $1,496,461
- Net increase / (decrease)
- -$33,831
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Entrust, LLC Dba 90 Degree Benefits | CONTRACT ADMINISTRATOR | $177,217 | not reported in the loaded dataset | 2023 |
| Sharx,LLC | NONE | $28,980 | not reported in the loaded dataset | 2023 |
| Medical Helpline, LLC | COMMON OWN'SHIP W ENTRUST | $16,812 | not reported in the loaded dataset | 2023 |
| First Health | NONE | $0 | $7,460 | 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
- Entrust, LLC Dba 90 Degree Benefits — Schedule C compensation
- Sharx,LLC — Schedule C compensation
- Medical Helpline, LLC — Schedule C compensation
- First Health — Schedule C compensation