2023 Form 5500 filing — Ultrafabrics Inc 401(K) Profit Sharing Plan & 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 20240930164037NAL0005801585001) for Ultrafabrics Inc 401(K) Profit Sharing Plan & Trust, reported by Ultrafabrics Inc under EIN 32-0516926 and plan number 002. It reports 137 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240930164037NAL0005801585001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ultrafabrics Inc
- EIN
- 32-0516926
- Plan number
- 002
- Location
- Tarrytown, NY
- Participants
- 137
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,682,494
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,682,494
- Employer contributions
- $984,462
- Participant contributions
- $877,326
- Total income / additions
- $3,591,901
- Benefits paid
- $1,065,934
- Administrative expenses
- $95,109
- Total expenses
- $1,161,043
- Net increase / (decrease)
- $2,430,858
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Procyon Advisors LLC | ADVISOR | $61,479 | not reported in the loaded dataset |
| Paychex, Inc. | RECORDKEEPER | $33,630 | not reported in the loaded dataset |