Fast Switch - Great Lakes LLC 401(K) Plan — Form 5500 plan (Fast Switch - Great Lakes LLC Dba Fasttek Global)
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, Fast Switch - Great Lakes LLC 401(K) Plan is a benefit plan reported by Fast Switch - Great Lakes LLC Dba Fasttek Global under EIN 84-3717282 and plan number 001. The latest loaded filing year is 2023. The filing reports 337 participants and $6,939,075 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Fast Switch - Great Lakes LLC Dba Fasttek Global
- EIN
- 84-3717282
- Plan number
- 001
- Plan type
- 2
- Location
- Lavonia, MI
- Latest filing year
- 2023
- Participants
- 337
- End-of-year plan assets
- $6,939,075
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 337 | H, C | 20241005191407NAL0013964609001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,939,075
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,939,075
- Net assets (BOY)
- $5,752,921
Income & contributions
- Employer contributions
- $350,990
- Participant contributions
- $1,059,799
- Total contributions
- $1,576,717
- Total income / additions
- $2,674,092
Expenses & distributions
- Benefits paid
- $1,393,250
- Administrative expenses
- $46,980
- Total expenses
- $1,487,938
- Net increase / (decrease)
- $1,186,154
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | RECORDKEEPER | $19,122 | $383 | 2023 |
| The Pension Design Group | RECORDKEEPER | $15,602 | $913 | 2023 |
| Rpa Financial, LLC | not reported in the loaded dataset | $11,091 | $0 | 2023 |