Ingersoll Cutting Tool 401(K) Plan — Form 5500 plan (Ingersoll Cutting Tool Company, 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, Ingersoll Cutting Tool 401(K) Plan is a benefit plan reported by Ingersoll Cutting Tool Company, Inc. under EIN 75-2908703 and plan number 001. The latest loaded filing year is 2023. The filing reports 482 participants and $102,824,757 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ingersoll Cutting Tool Company, Inc.
EIN
75-2908703
Plan number
001
Plan type
2
Location
Rockford, IL
Latest filing year
2023
Participants
482
End-of-year plan assets
$102,824,757

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023482H, C20241011092308NAL0022477121001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$102,824,757
Total liabilities (EOY)
$0
Net assets (EOY)
$102,824,757
Net assets (BOY)
$89,484,300

Income & contributions

Employer contributions
$961,529
Participant contributions
$2,084,586
Total contributions
$3,168,109
Total income / additions
$17,989,319

Expenses & distributions

Benefits paid
$4,634,472
Administrative expenses
$14,390
Total expenses
$4,648,862
Net increase / (decrease)
$13,340,457

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group Inc.NONE$14,390$02023

Related Form 5500 pages