Fit Electronics, Inc. 401(K) Plan — Form 5500 plan (Fit Electronics, 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, Fit Electronics, Inc. 401(K) Plan is a benefit plan reported by Fit Electronics, Inc. under EIN 46-4369207 and plan number 001. The latest loaded filing year is 2023. The filing reports 210 participants and $40,701,976 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Fit Electronics, Inc.
EIN
46-4369207
Plan number
001
Plan type
2
Location
Irvine, CA
Latest filing year
2023
Participants
210
End-of-year plan assets
$40,701,976

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023210H, C20240902054239NAL0008637651001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$40,701,976
Total liabilities (EOY)
$0
Net assets (EOY)
$40,701,976
Net assets (BOY)
$35,758,026

Income & contributions

Employer contributions
$832,385
Participant contributions
$1,835,993
Total contributions
$2,680,468
Total income / additions
$8,261,974

Expenses & distributions

Benefits paid
$3,266,617
Administrative expenses
$50,235
Total expenses
$3,318,024
Net increase / (decrease)
$4,943,950

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$15,300$02023
Independent Financial Group, LLCINVESTMENT/FINANCIAL ADVI$10,131$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages