2023 Form 5500 filing — Fallsway Equipment Co. Inc. 401(K) Profit Sharing 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 20240917101625NAL0002637825001) for Fallsway Equipment Co. Inc. 401(K) Profit Sharing Plan And Trust, reported by Fallsway Equipment Co. Inc. under EIN 34-0905407 and plan number 002. It reports 215 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240917101625NAL0002637825001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Fallsway Equipment Co. Inc.
- EIN
- 34-0905407
- Plan number
- 002
- Location
- Akron, OH
- Participants
- 215
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,940,372
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,940,372
- Employer contributions
- $341,682
- Participant contributions
- $781,703
- Total income / additions
- $2,960,357
- Benefits paid
- $1,061,420
- Administrative expenses
- $32,438
- Total expenses
- $1,096,143
- Net increase / (decrease)
- $1,864,214
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $21,604 | $0 |
| Cbiz Benefits & Ins Services Inc | CONTRACT ADMIN | $13,150 | not reported in the loaded dataset |
| Empower Advisory Group LLC | INVESTMENT MGMT | $1,453 | not reported in the loaded dataset |