The Fort Walton Machining 401(K) Plan — Form 5500 plan (Fort Walton Machining, 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, The Fort Walton Machining 401(K) Plan is a benefit plan reported by Fort Walton Machining, Inc. under EIN 59-2823872 and plan number 001. The latest loaded filing year is 2023. The filing reports 145 participants and $4,149,453 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Fort Walton Machining, Inc.
- EIN
- 59-2823872
- Plan number
- 001
- Plan type
- 2
- Location
- Fort Walton Beach, FL
- Latest filing year
- 2023
- Participants
- 145
- End-of-year plan assets
- $4,149,453
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 145 | H, C | 20250422113912NAL0002272675001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,149,453
- Total liabilities (EOY)
- $2,153
- Net assets (EOY)
- $4,147,300
- Net assets (BOY)
- $3,455,369
Income & contributions
- Employer contributions
- $48,308
- Participant contributions
- $364,580
- Total contributions
- $421,957
- Total income / additions
- $977,044
Expenses & distributions
- Benefits paid
- $267,575
- Administrative expenses
- $17,538
- Total expenses
- $285,113
- Net increase / (decrease)
- $691,931
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Pension Center Of Florida Inc | NONE | $850 | $10,511 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | NONE | $9,005 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Co Of Ame | NONE | $6,875 | $0 | 2023 |
| Principal Life Insurance Company | NONE | $1,099 | $0 | 2023 |
| Empower Advisory Group, LLC | NONE | $8 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Fort Walton Machining, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Fort Walton Beach, FL
- The Pension Center Of Florida Inc — Schedule C compensation
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Empower Annuity Insurance Co Of Ame — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation