Plan5500

Thermoworks, Inc. 401(K) Plan — Form 5500 plan (Thermoworks, 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, Thermoworks, Inc. 401(K) Plan is a benefit plan reported by Thermoworks, Inc. under EIN 87-0570676 and plan number 001. The latest loaded filing year is 2023. The filing reports 135 participants and $7,705,777 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Thermoworks, Inc.
EIN
87-0570676
Plan number
001
Plan type
2
Location
American Fork, UT
Latest filing year
2023
Participants
135
End-of-year plan assets
$7,705,777

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023135H, C20241008115239NAL0028485968001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,705,777
Total liabilities (EOY)
$0
Net assets (EOY)
$7,705,777
Net assets (BOY)
$6,101,441

Income & contributions

Employer contributions
$384,434
Participant contributions
$393,662
Total contributions
$849,781
Total income / additions
$2,232,329

Expenses & distributions

Benefits paid
$555,951
Administrative expenses
$72,042
Total expenses
$627,993
Net increase / (decrease)
$1,604,336

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$49,295$02023
Wells Fargo Clearing Services LLCINVESTMENT ADVISORY$22,747$22023

Related Form 5500 pages