American Tank Co Inc 401k Profit Sharing Plan — Form 5500 plan (American Tank Co 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, American Tank Co Inc 401k Profit Sharing Plan is a benefit plan reported by American Tank Co Inc under EIN 68-0386630 and plan number 001. The latest loaded filing year is 2023. The filing reports 19 participants and $1,233,689 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.2MPlan net assets, end of year$1,233,689
Participants19Covered participants reported
Assets / participant$64.9KComputed: assets ÷ participants$64,931 (computed)
Provider compensationNone reported
Plan sponsor
American Tank Co Inc
EIN
68-0386630
Plan number
001
Plan type
2
Location
Windsor, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202319I20240523175337NAL0011112034001
Schedule I · 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)$1.2M total assets
Net assets$1.2MLiabilities$0
Money in vs. money out
Total income / additions$165.3K
Total expenses$546.4K
Benefits paid / distributions$538.8K
Contributions
Employer$15.2K
Participant$23.6K
Full reported line items

Net assets

Total assets (EOY)
$1,233,689
Total liabilities (EOY)
$0
Net assets (EOY)
$1,233,689
Net assets (BOY)
$1,614,736

Income & contributions

Employer contributions
$15,229
Participant contributions
$23,626
Total income / additions
$165,332

Expenses & distributions

Benefits paid
$538,811
Administrative expenses
$1,823
Total expenses
$546,379
Net increase / (decrease)
-$381,047
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 39%Participant 61%
Total expenses ÷ net assets44%Computed ratio
Benefits paid ÷ total income326%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages