Torginol, Inc. Profit Sharing 401(K) Savings Plan — Form 5500 plan (Torginol, 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, Torginol, Inc. Profit Sharing 401(K) Savings Plan is a benefit plan reported by Torginol, Inc. under EIN 39-1101484 and plan number 001. The latest loaded filing year is 2023. The filing reports 320 participants and $4,465,297 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.5MPlan net assets, end of year$4,465,297
Participants320Covered participants reported
Assets / participant$14KComputed: assets ÷ participants$13,954 (computed)
Provider compensation$25K3 Schedule C provider row(s)$24,996
Plan sponsor
Torginol, Inc.
EIN
39-1101484
Plan number
001
Plan type
2
Location
Sheboygan, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023320H, C20241011150859NAL0012665251001
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)$4.5M total assets
Net assets$4.5MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$469.9K
Benefits paid / distributions$444.9K
Contributions
Employer$94.2K
Participant$576.9K
Full reported line items

Net assets

Total assets (EOY)
$4,465,297
Total liabilities (EOY)
$0
Net assets (EOY)
$4,465,297
Net assets (BOY)
$3,733,723

Income & contributions

Employer contributions
$94,195
Participant contributions
$576,893
Total contributions
$671,088
Total income / additions
$1,201,449

Expenses & distributions

Benefits paid
$444,879
Administrative expenses
$24,996
Total expenses
$469,875
Net increase / (decrease)
$731,574
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 14%Participant 86%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Rbc Capital Markets LLCINVESTMENT ADVISOR$21,750not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$6,456$02023
Wells Fargo Advisors LLCOTHER-$3,210not reported in the loaded dataset2023

Related Form 5500 pages