2023 Form 5500 filing — Absolute Machine Tools, Inc. Employee Stock Ownership Plan And Trust
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 20240807090506NAL0002015843001) for Absolute Machine Tools, Inc. Employee Stock Ownership Plan And Trust, reported by Absolute Machine Tools, Inc. under EIN 34-1602413 and plan number 003. It reports 60 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
- EFAST2 acknowledgement
- 20240807090506NAL0002015843001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Absolute Machine Tools, Inc.
- EIN
- 34-1602413
- Plan number
- 003
- Location
- Lorain, OH
- Participants
- 60
- Schedules available
- Schedule I
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,418,873
- Total liabilities (EOY)
- $7,007,898
- Net assets (EOY)
- -$1,589,025
- Employer contributions
- $738,221
- Total income / additions
- $258,191
- Benefits paid
- $21,636
- Administrative expenses
- $60
- Total expenses
- $259,934
- Net increase / (decrease)
- -$1,743
- Schedule source
- Schedule I