2023 Form 5500 filing — Penn Stainless Products, Inc. Profit Sharing-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 20240917072701NAL0003599376001) for Penn Stainless Products, Inc. Profit Sharing-401(K) Plan, reported by Penn Stainless Products, Inc. under EIN 23-2093536 and plan number 001. It reports 260 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240917072701NAL0003599376001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Penn Stainless Products, Inc.
- EIN
- 23-2093536
- Plan number
- 001
- Location
- Quakertown, PA
- Participants
- 260
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,368,303
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,368,303
- Employer contributions
- $687,052
- Participant contributions
- $1,091,091
- Total income / additions
- $4,947,123
- Benefits paid
- $1,842,354
- Administrative expenses
- $50,665
- Total expenses
- $1,893,602
- Net increase / (decrease)
- $3,053,521
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kistler-Tiffany Advisors | INV ADVISOR | $40,099 | $0 |
| Kt Administrators, LLC | TPA | $10,566 | $0 |