Fastening Solutions, Inc. Employee Retirement Plan — Form 5500 plan (Fastening Solutions, 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, Fastening Solutions, Inc. Employee Retirement Plan is a benefit plan reported by Fastening Solutions, Inc. under EIN 63-0400499 and plan number 001. The latest loaded filing year is 2023. The filing reports 181 participants and $24,215,054 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Fastening Solutions, Inc.
- EIN
- 63-0400499
- Plan number
- 001
- Plan type
- 2
- Location
- Montgomery, AL
- Latest filing year
- 2023
- Participants
- 181
- End-of-year plan assets
- $24,215,054
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 181 | H, C | 20241014141023NAL0015076787001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,215,054
- Total liabilities (EOY)
- $964
- Net assets (EOY)
- $24,214,090
- Net assets (BOY)
- $21,725,446
Income & contributions
- Employer contributions
- $374,702
- Participant contributions
- $744,613
- Total contributions
- $1,672,998
- Total income / additions
- $5,224,569
Expenses & distributions
- Benefits paid
- $2,657,597
- Administrative expenses
- $78,328
- Total expenses
- $2,735,925
- Net increase / (decrease)
- $2,488,644
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sanctuary Advisors LLC | INVESTMENT ADVISOR | $45,278 | not reported in the loaded dataset | 2023 |
| Ascensus Holdings Inc | CONTRACT ADMIN | $6,538 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $6,505 | not reported in the loaded dataset | 2023 |
| Erisa Services Inc | CONTRACT ADMIN | $2,640 | $2,804 | 2023 |
| Empower Annuity Ins. Co. Of America | RECORDKEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Fastening Solutions, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in AL
- 401(k) and benefit plan filings in Montgomery, AL
- Sanctuary Advisors LLC — Schedule C compensation
- Ascensus Holdings Inc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Erisa Services Inc — Schedule C compensation
- Empower Annuity Ins. Co. Of America — Schedule C compensation