Toba, Inc. Profit Sharing Retirement Plan — Form 5500 plan (Toba, 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, Toba, Inc. Profit Sharing Retirement Plan is a benefit plan reported by Toba, Inc. under EIN 47-0793150 and plan number 001. The latest loaded filing year is 2023. The filing reports 374 participants and $5,263,107 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.3MPlan net assets, end of year$5,263,107
Participants374Covered participants reported
Assets / participant$14.1KComputed: assets ÷ participants$14,072 (computed)
Provider compensation$59.8K3 Schedule C provider row(s)$59,794
Plan sponsor
Toba, Inc.
EIN
47-0793150
Plan number
001
Plan type
2
Location
Grand Island, NE
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023374H, C20240905150110NAL0010452931001
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)$5.3M total assets
Net assets$5.3MLiabilities$0
Money in vs. money out
Total income / additions$1.6M
Total expenses$584.7K
Benefits paid / distributions$533.4K
Contributions
Employer$459.1K
Participant$523.5K
Full reported line items

Net assets

Total assets (EOY)
$5,263,107
Total liabilities (EOY)
$0
Net assets (EOY)
$5,263,107
Net assets (BOY)
$4,221,534

Income & contributions

Employer contributions
$459,070
Participant contributions
$523,543
Total contributions
$987,412
Total income / additions
$1,626,269

Expenses & distributions

Benefits paid
$533,427
Administrative expenses
$51,269
Total expenses
$584,696
Net increase / (decrease)
$1,041,573
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 47%Participant 53%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income33%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$44,251$02023
Raymond James Insurance Group IncOTHER SERVICES$0$8,5432023
Ring AuditingACCOUNTANT$7,000not reported in the loaded dataset2023

Related Form 5500 pages