Ritz Instrument Transformers, Inc. 401(K) Plan — Form 5500 plan (Ritz Instrument Transformers, 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, Ritz Instrument Transformers, Inc. 401(K) Plan is a benefit plan reported by Ritz Instrument Transformers, Inc. under EIN 58-1943935 and plan number 002. The latest loaded filing year is 2023. The filing reports 247 participants and $4,479,716 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$4,479,716
Participants247Covered participants reported
Assets / participant$18.1KComputed: assets ÷ participants$18,137 (computed)
Provider compensationNone reported
Plan sponsor
Ritz Instrument Transformers, Inc.
EIN
58-1943935
Plan number
002
Plan type
2
Location
Lavonia, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023247H20241011135855NAL0022885617001
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$1.5M
Total expenses$201.3K
Benefits paid / distributions$199.4K
Contributions
Employer$315.4K
Participant$504.9K
Full reported line items

Net assets

Total assets (EOY)
$4,479,716
Total liabilities (EOY)
$0
Net assets (EOY)
$4,479,716
Net assets (BOY)
$3,163,906

Income & contributions

Employer contributions
$315,437
Participant contributions
$504,903
Total contributions
$880,340
Total income / additions
$1,517,062

Expenses & distributions

Benefits paid
$199,368
Administrative expenses
$1,884
Total expenses
$201,252
Net increase / (decrease)
$1,315,810
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 38%Participant 62%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income13%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages