Furuno Usa, Inc. 401(K) Plan — Form 5500 plan (Furuno, Usa, 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, Furuno Usa, Inc. 401(K) Plan is a benefit plan reported by Furuno, Usa, Inc. under EIN 94-2516579 and plan number 001. The latest loaded filing year is 2023. The filing reports 96 participants and $19,510,129 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$19.5MPlan net assets, end of year$19,510,129
Participants96Covered participants reported
Assets / participant$203.2KComputed: assets ÷ participants$203,231 (computed)
Provider compensationNone reported
Plan sponsor
Furuno, Usa, Inc.
EIN
94-2516579
Plan number
001
Plan type
2
Location
Camas, WA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202396I20240524105544NAL0012617202001
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)$19.5M total assets
Net assets$19.5MLiabilities$0
Money in vs. money out
Total income / additions$4.5M
Total expenses$2.1M
Benefits paid / distributions$2M
Contributions
Employer$182.6K
Participant$796.4K
Full reported line items

Net assets

Total assets (EOY)
$19,510,129
Total liabilities (EOY)
$0
Net assets (EOY)
$19,510,129
Net assets (BOY)
$17,060,708

Income & contributions

Employer contributions
$182,610
Participant contributions
$796,444
Total income / additions
$4,504,509

Expenses & distributions

Benefits paid
$2,006,661
Administrative expenses
$48,427
Total expenses
$2,055,088
Net increase / (decrease)
$2,449,421
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 19%Participant 81%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income45%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages