Audio Technica U.S., Inc. Profit Sharing Plan — Form 5500 plan (Audio Technica U.S., 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, Audio Technica U.S., Inc. Profit Sharing Plan is a benefit plan reported by Audio Technica U.S., Inc under EIN 59-1954653 and plan number 001. The latest loaded filing year is 2023. The filing reports 132 participants and $18,881,700 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$18.9MPlan net assets, end of year$18,881,700
Participants132Covered participants reported
Assets / participant$143KComputed: assets ÷ participants$143,043 (computed)
Provider compensation$83K3 Schedule C provider row(s)$83,004
- Plan sponsor
- Audio Technica U.S., Inc
- EIN
- 59-1954653
- Plan number
- 001
- Plan type
- 2
- Location
- Stow, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 132 | H, C | 20250115092841NAL0043621698001 |
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)$18.9M total assets
Net assets$18.9MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $18,881,700
- Net assets (EOY)
- $18,881,700
- Net assets (BOY)
- $15,865,158
Income & contributions
- Employer contributions
- $759,598
- Participant contributions
- $751,050
- Total contributions
- $1,621,691
- Total income / additions
- $4,013,624
Expenses & distributions
- Benefits paid
- $914,078
- Administrative expenses
- $83,004
- Total expenses
- $997,082
- Net increase / (decrease)
- $3,016,542
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.
50%50%
Employer 50%Participant 50%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income23%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Morgan Stanley | RETAINED BY PLAN SPONSOR | $40,032 | not reported in the loaded dataset | 2023 |
| John Hancock Retirement Plan Servic | RETAINED BY PLAN SPONSOR | $30,162 | $0 | 2023 |
| Definiti LLC | RETAINED BY PLAN | $12,810 | not reported in the loaded dataset | 2023 |