2023 Form 5500 filing — Eftec Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240212104212NAL0011363424001) for Eftec Savings Plan, reported by Eftec North America, LLC under EIN 38-3339877 and plan number 002. It reports 126 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240212104212NAL0011363424001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Eftec North America, LLC
- EIN
- 38-3339877
- Plan number
- 002
- Location
- Taylor, MI
- Participants
- 126
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,230,441
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,230,441
- Employer contributions
- $404,880
- Participant contributions
- $391,450
- Total income / additions
- $3,899,933
- Benefits paid
- $1,064,104
- Administrative expenses
- $1,475
- Total expenses
- $1,065,782
- Net increase / (decrease)
- $2,834,151
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kovack Advisors Inc. | INVESTMENT/FINANCIAL ADVI | $17,100 | $0 |
| Adp, Inc. | RECORD KEEPER | $14,219 | $0 |
| Morningstar | SERVICE PROVIDER | $0 | $2,257 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |