2023 Form 5500 filing — Polytek Development Corp. Retirement 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 20240904151123NAL0020368481001) for Polytek Development Corp. Retirement Plan, reported by Polytek Development Corp. under EIN 22-2554316 and plan number 001. It reports 220 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240904151123NAL0020368481001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Polytek Development Corp.
- EIN
- 22-2554316
- Plan number
- 001
- Location
- Easton, PA
- Participants
- 220
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,073,019
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,073,019
- Employer contributions
- $709,001
- Participant contributions
- $1,165,933
- Total income / additions
- $4,093,875
- Benefits paid
- $897,445
- Administrative expenses
- $60,151
- Total expenses
- $961,549
- Net increase / (decrease)
- $3,132,326
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners LLC | ADVISOR | $34,929 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $24,060 | $0 |