2023 Form 5500 filing — Frequency Electronics, Inc. 401(K) 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 20241011042139NAL0035991008001) for Frequency Electronics, Inc. 401(K) Savings Plan, reported by Frequency Electronics, Inc. under EIN 11-1986657 and plan number 003. It reports 173 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011042139NAL0035991008001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Frequency Electronics, Inc.
- EIN
- 11-1986657
- Plan number
- 003
- Location
- Uniondale, NY
- Participants
- 173
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $40,929,693
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $40,929,693
- Employer contributions
- $414,265
- Participant contributions
- $1,642,841
- Total income / additions
- $10,346,520
- Benefits paid
- $5,657,553
- Administrative expenses
- $85,189
- Total expenses
- $5,742,742
- Net increase / (decrease)
- $4,603,778
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First Republic Investment Mgmnt | ADVISOR/INVESTMENT ADV | $58,021 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $23,565 | $0 |