2023 Form 5500 filing — Servotronics 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 20241002091219NAL0008578881001) for Servotronics Inc 401(K) Profit Sharing Plan & Trust, reported by Servotronics Inc under EIN 16-0837866 and plan number 006. It reports 358 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002091219NAL0008578881001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Servotronics Inc
- EIN
- 16-0837866
- Plan number
- 006
- Location
- Elma, NY
- Participants
- 358
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,776,830
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,776,830
- Employer contributions
- $352,375
- Participant contributions
- $967,347
- Total income / additions
- $2,663,516
- Benefits paid
- $1,383,073
- Administrative expenses
- $42,036
- Total expenses
- $1,425,109
- Net increase / (decrease)
- $1,238,407
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $22,209 | not reported in the loaded dataset |
| Ubs Financial Services Inc | ADVISOR | $19,201 | not reported in the loaded dataset |