Dewys Manufacturing, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Dewys Metal Solutions, 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, Dewys Manufacturing, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Dewys Metal Solutions, Inc. under EIN 38-3324858 and plan number 001. The latest loaded filing year is 2023. The filing reports 285 participants and $12,417,867 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.4MPlan net assets, end of year$12,417,867
Participants285Covered participants reported
Assets / participant$43.6KComputed: assets ÷ participants$43,571 (computed)
Provider compensation$99.1K6 Schedule C provider row(s)$99,069
Plan sponsor
Dewys Metal Solutions, Inc.
EIN
38-3324858
Plan number
001
Plan type
2
Location
Marne, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023285H, C20240926125812NAL0000398387002
Schedule H · 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)$12.4M total assets
Net assets$12.4MLiabilities
Money in vs. money out
Total income / additions$2.9M
Total expenses$2M
Benefits paid / distributions$1.9M
Contributions
Employer$280.8K
Participant$843.5K
Full reported line items

Net assets

Total assets (EOY)
$12,417,867
Net assets (EOY)
$12,417,867
Net assets (BOY)
$11,579,224

Income & contributions

Employer contributions
$280,830
Participant contributions
$843,499
Total contributions
$1,220,399
Total income / additions
$2,859,291

Expenses & distributions

Benefits paid
$1,945,918
Administrative expenses
$74,730
Total expenses
$2,020,648
Net increase / (decrease)
$838,643
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 25%Participant 75%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income68%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$45,391$02023
Raymond James Financial ServicesBROKER/ADVISOR$0$24,3442023
Dolinka Vannoord & Co PllpAUDITOR$11,100$02023
The W.L. Burmeister CompanyCONTRACT ADMIN$9,820$02023
Ds Investment Advisors LLCINVESTMENT ADVISOR$5,890$02023
Empower Advisory Group LLCINVESTMENT MGT$2,524$02023

Related Form 5500 pages