2023 Form 5500 filing — Xigent Automation Systems, 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 20240826082004NAL0009544273001) for Xigent Automation Systems, Inc. 401(K) Plan, reported by Xigent Automation Systems, Inc. under EIN 20-2922867 and plan number 001. It reports 123 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240826082004NAL0009544273001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Xigent Automation Systems, Inc.
- EIN
- 20-2922867
- Plan number
- 001
- Location
- Lewis Center, OH
- Participants
- 123
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,387,985
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,387,985
- Employer contributions
- $221,822
- Participant contributions
- $546,227
- Total income / additions
- $1,905,303
- Benefits paid
- $2,299,008
- Administrative expenses
- $40,766
- Total expenses
- $2,339,774
- Net increase / (decrease)
- -$434,471
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley | BROKER | $28,941 | not reported in the loaded dataset |
| The Vanguard Group, Inc | RECORDKEEPER | $12,685 | not reported in the loaded dataset |
| Pentegra | TPA | $3,970 | not reported in the loaded dataset |