2023 Form 5500 filing — Royal Technologies Corporation Profit Sharing And Retirement 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 20240909142616NAL0002832547003) for Royal Technologies Corporation Profit Sharing And Retirement Savings Plan, reported by Royal Technologies Corporation under EIN 38-2726351 and plan number 001. It reports 1,578 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240909142616NAL0002832547003
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Royal Technologies Corporation
- EIN
- 38-2726351
- Plan number
- 001
- Location
- Hudsonville, MI
- Participants
- 1,578
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $51,709,021
- Net assets (EOY)
- $51,709,021
- Participant contributions
- $3,561,247
- Total income / additions
- $12,589,951
- Benefits paid
- $3,624,371
- Administrative expenses
- $70,845
- Total expenses
- $3,695,216
- Net increase / (decrease)
- $8,894,735
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $70,845 | $0 |