2023 Form 5500 filing — Quality Tool And Stamping Co. , Inc. 401(K) Profit Sharing 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 20240927130521NAL0001271395001) for Quality Tool And Stamping Co. , Inc. 401(K) Profit Sharing Plan, reported by Quality Tool And Stamping Co., Inc. under EIN 38-1871914 and plan number 001. It reports 141 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927130521NAL0001271395001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Quality Tool And Stamping Co., Inc.
- EIN
- 38-1871914
- Plan number
- 001
- Location
- Muskegon Heights, MI
- Participants
- 141
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,781,492
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,781,492
- Employer contributions
- $135,241
- Participant contributions
- $663,708
- Total income / additions
- $2,167,426
- Benefits paid
- $783,602
- Administrative expenses
- $51,724
- Total expenses
- $835,326
- Net increase / (decrease)
- $1,332,100
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance | CONTRACT ADMIN | $51,394 | $0 |
| Ubs Financial Services Inc | INVEST ADV | $0 | $24,216 |
| Sheakley Workforce | CONTRACT ADMINISTRATOR | $425 | $4,160 |