Future Technologies, Inc. 401(K) Retirement Savings Plan — Form 5500 plan (Future Technologies, 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, Future Technologies, Inc. 401(K) Retirement Savings Plan is a benefit plan reported by Future Technologies, Inc. under EIN 54-1646962 and plan number 004. The latest loaded filing year is 2023. The filing reports 339 participants and $14,637,170 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Future Technologies, Inc.
- EIN
- 54-1646962
- Plan number
- 004
- Plan type
- 2
- Location
- Fairfax, VA
- Latest filing year
- 2023
- Participants
- 339
- End-of-year plan assets
- $14,637,170
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 339 | H, C | 20241014150300NAL0054091666001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,637,170
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,637,170
- Net assets (BOY)
- $13,485,482
Income & contributions
- Employer contributions
- $289,659
- Participant contributions
- $966,315
- Total contributions
- $1,289,760
- Total income / additions
- $3,741,546
Expenses & distributions
- Benefits paid
- $2,542,674
- Administrative expenses
- $47,184
- Total expenses
- $2,589,858
- Net increase / (decrease)
- $1,151,688
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $37,103 | $0 | 2023 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISOR | $7,072 | not reported in the loaded dataset | 2023 |
| Ascensus Holdings Inc Dba | CONTRACT ADMIN | $85 | $5,000 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,110 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Future Technologies, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Fairfax, VA
- Empower Annuity Insurance Company — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation
- Ascensus Holdings Inc Dba — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation