Hermetic Switch Savings Incentive Plan — Form 5500 plan (Hermetic Switch, 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, Hermetic Switch Savings Incentive Plan is a benefit plan reported by Hermetic Switch, Inc. under EIN 73-0773942 and plan number 001. The latest loaded filing year is 2023. The filing reports 159 participants and $2,935,030 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hermetic Switch, Inc.
- EIN
- 73-0773942
- Plan number
- 001
- Plan type
- 2
- Location
- Chickasha, OK
- Latest filing year
- 2023
- Participants
- 159
- End-of-year plan assets
- $2,935,030
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 159 | I | 20240923115211NAL0020999090001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $2,935,030
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,935,030
- Net assets (BOY)
- $2,351,289
Income & contributions
- Employer contributions
- $17,100
- Participant contributions
- $170,076
- Total income / additions
- $777,833
Expenses & distributions
- Benefits paid
- $158,009
- Administrative expenses
- $36,083
- Total expenses
- $194,092
- Net increase / (decrease)
- $583,741
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.