Speed Wrench 401(K) Profit Sharing Plan — Form 5500 plan (Speed Wrench, 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, Speed Wrench 401(K) Profit Sharing Plan is a benefit plan reported by Speed Wrench, Inc. under EIN 38-2834301 and plan number 001. The latest loaded filing year is 2023. The filing reports 160 participants and $8,533,422 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Speed Wrench, Inc.
EIN
38-2834301
Plan number
001
Plan type
2
Location
Hudsonville, MI
Latest filing year
2023
Participants
160
End-of-year plan assets
$8,533,422

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023160H, C20241014153349NAL0015219939001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,533,422
Total liabilities (EOY)
$0
Net assets (EOY)
$8,533,422
Net assets (BOY)
$6,503,466

Income & contributions

Employer contributions
$131,361
Participant contributions
$837,477
Total contributions
$1,073,992
Total income / additions
$2,348,135

Expenses & distributions

Benefits paid
$288,254
Administrative expenses
$29,925
Total expenses
$318,179
Net increase / (decrease)
$2,029,956

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$12,428$02023
Royal Securities CoNONE$9,157not reported in the loaded dataset2023
Lpl Financial RpcpNONE$8,340not reported in the loaded dataset2023

Related Form 5500 pages