2023 Form 5500 filing — Fast Switch 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 20240926140322NAL0000757473001) for Fast Switch 401(K) Plan, reported by Fast Switch, Ltd. under EIN 31-1486797 and plan number 001. It reports 250 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926140322NAL0000757473001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Fast Switch, Ltd.
- EIN
- 31-1486797
- Plan number
- 001
- Location
- Dublin, OH
- Participants
- 250
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,590,534
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,590,534
- Employer contributions
- $27,103
- Participant contributions
- $70,544
- Total income / additions
- $880,610
- Benefits paid
- $799,198
- Administrative expenses
- $33,079
- Total expenses
- $832,277
- Net increase / (decrease)
- $48,333
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $11,934 | $0 |
| Wells Fargo Advisors LLC | INVESTMENT ADVISORY | $11,110 | not reported in the loaded dataset |
| The Pension Design Group | RECORDKEEPER | $10,035 | $570 |