2023 Form 5500 filing — Classic Wire Cut Company, Inc. 401(K) 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 20240628200142NAL0001402785001) for Classic Wire Cut Company, Inc. 401(K) Plan, reported by Classic Wire Cut Company Inc under EIN 95-3983302 and plan number 001. It reports 158 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240628200142NAL0001402785001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Classic Wire Cut Company Inc
- EIN
- 95-3983302
- Plan number
- 001
- Location
- Valencia, CA
- Participants
- 158
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,818,022
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,818,022
- Employer contributions
- $224,113
- Participant contributions
- $790,083
- Total income / additions
- $3,225,215
- Benefits paid
- $902,463
- Administrative expenses
- $82,561
- Total expenses
- $985,024
- Net increase / (decrease)
- $2,240,191
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pensionmark Financial Group, LLC | INVESTMENT ADVISORY | $45,887 | $3 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $36,674 | $0 |