2023 Form 5500 filing — Presrite Corporation 401(K) Retirement Savings And 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 20241010132517NAL0034129984001) for Presrite Corporation 401(K) Retirement Savings And Profit Sharing Plan, reported by Presrite Corporation under EIN 34-1292480 and plan number 001. It reports 530 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010132517NAL0034129984001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Presrite Corporation
- EIN
- 34-1292480
- Plan number
- 001
- Location
- Cleveland, OH
- Participants
- 530
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $34,964,032
- Net assets (EOY)
- $34,964,032
- Employer contributions
- $780,662
- Participant contributions
- $2,541,001
- Total income / additions
- $8,058,722
- Benefits paid
- $4,096,529
- Administrative expenses
- $122,588
- Total expenses
- $4,249,939
- Net increase / (decrease)
- $3,808,783
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $60,299 | $0 |
| Lineweaver Wealth Advisors LLC | INVESTMENT ADVISORY | $30,974 | not reported in the loaded dataset |
| Transamerica Life Insurance Company | RECORD KEEPER | $28,206 | $0 |