2023 Form 5500 filing — Strang Corporation 401(K) 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 20241010133844NAL0040190258001) for Strang Corporation 401(K) Profit Sharing Plan, reported by Strang Corporation under EIN 34-6526284 and plan number 001. It reports 380 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$5.9MReported net assets$5,859,803
Participants380
Provider compensation$75.9K3 Schedule C row(s)$75,875
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241010133844NAL0040190258001
Plan sponsor
Strang Corporation
EIN
34-6526284
Plan number
001
Location
Cleveland, OH
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$5.9M total assets
Net assets$5.9MLiabilities$0
Money in vs. money out
Total income / additions$1.8M
Total expenses$471.1K
Benefits paid / distributions$458.6K
Contributions
Employer$140.8K
Participant$450.4K
Full reported line items
Total assets (EOY)
$5,859,803
Total liabilities (EOY)
$0
Net assets (EOY)
$5,859,803
Employer contributions
$140,813
Participant contributions
$450,362
Total income / additions
$1,752,607
Benefits paid
$458,597
Administrative expenses
$12,466
Total expenses
$471,063
Net increase / (decrease)
$1,281,544

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
NationwideCUSTODIAN/RECORD KEEPER$35,010$2,677
Moskal Gross OrchoskyTPA$21,619$980
Mgo Investment AdvisorsADVISOR$0$15,589

Related Form 5500 pages