Graphite Machining, Inc. Benefit Plan — Form 5500 plan (Graphite Machining, 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, Graphite Machining, Inc. Benefit Plan is a benefit plan reported by Graphite Machining, Inc. under EIN 38-2002072 and plan number 501. The latest loaded filing year is 2023. The filing reports 73 participants and $126,298 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$35.3KPlan net assets, end of year-$35,286
Participants73Covered participants reported
Assets / participant$1.7KComputed: assets ÷ participants$1,730 (computed)
Provider compensation$61.9K4 Schedule C provider row(s)$61,850
Plan sponsor
Graphite Machining, Inc.
EIN
38-2002072
Plan number
501
Plan type
2
Location
Topton, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202373I, C20240625080414NAL0014970066001
Schedule I · 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)$126.3K total assets
Net assets-$35.3KLiabilities$161.6K
Money in vs. money out
Total income / additions$1.3M
Total expenses$1.8M
Benefits paid / distributions$545.7K
Contributions
Employer$1.2M
Participant$138.5K
Full reported line items

Net assets

Total assets (EOY)
$126,298
Total liabilities (EOY)
$161,584
Net assets (EOY)
-$35,286
Net assets (BOY)
$435,308

Income & contributions

Employer contributions
$1,155,701
Participant contributions
$138,460
Total income / additions
$1,300,065

Expenses & distributions

Benefits paid
$545,704
Administrative expenses
$4,295
Total expenses
$1,770,659
Net increase / (decrease)
-$470,594
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 89%Participant 11%
Benefits paid ÷ total income42%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Patriot (Power-Kunkle Group, Inc.)BROKER$33,446not reported in the loaded dataset2023
The Benecon GroupBROKER$18,798not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$5,311not reported in the loaded dataset2023
Highmark Blue Shield (Central)ADMIN$4,295not reported in the loaded dataset2023

Related Form 5500 pages