2023 Form 5500 filing — Tinius Olsen Testing Machine Co, Inc. Employee Benefit Plan (502)
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 20241008094757NAL0029498704001) for Tinius Olsen Testing Machine Co, Inc. Employee Benefit Plan (502), reported by Tinius Olsen Testing Machine Co, Inc. under EIN 23-0931190 and plan number 502. It reports 74 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008094757NAL0029498704001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tinius Olsen Testing Machine Co, Inc.
- EIN
- 23-0931190
- Plan number
- 502
- Location
- Horsham, PA
- Participants
- 74
- Schedules available
- Schedule I, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $175,901
- Total liabilities (EOY)
- $120,912
- Net assets (EOY)
- $54,989
- Employer contributions
- $907,549
- Participant contributions
- $326,519
- Total income / additions
- $1,268,152
- Benefits paid
- $422,933
- Administrative expenses
- $27,099
- Total expenses
- $942,339
- Net increase / (decrease)
- $325,813
- Schedule source
- Schedule I
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Hardenbergh Insurance Group | BROKER | $36,972 | not reported in the loaded dataset |
| Independence Administrators | ADMIN | $27,099 | not reported in the loaded dataset |
| The Benecon Group, LLC | BROKER | $18,344 | not reported in the loaded dataset |
| Connectcare 3 | PATIENT ADVOCATE | $5,176 | not reported in the loaded dataset |