2023 Form 5500 filing — Inductoheat, Inc. Retirement Savings 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 20241009134539NAL0019365905001) for Inductoheat, Inc. Retirement Savings Plan, reported by Inductoheat, Inc. under EIN 38-1694184 and plan number 002. It reports 146 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009134539NAL0019365905001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Inductoheat, Inc.
- EIN
- 38-1694184
- Plan number
- 002
- Location
- Madison Heights, MI
- Participants
- 146
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $37,526,661
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,526,661
- Employer contributions
- $1,054,807
- Participant contributions
- $479,673
- Total income / additions
- $5,998,698
- Benefits paid
- $5,714,750
- Administrative expenses
- $80,740
- Total expenses
- $5,795,490
- Net increase / (decrease)
- $203,208
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley | INVESTMENT ADVISOR | $78,928 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $1,963 | $0 |