2023 Form 5500 filing — Abrasive Technology, Inc. Retirement 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 20241011075440NAL0012272579001) for Abrasive Technology, Inc. Retirement Plan, reported by Abrasive Technology, Inc. under EIN 31-0802865 and plan number 001. It reports 209 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011075440NAL0012272579001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Abrasive Technology, Inc.
- EIN
- 31-0802865
- Plan number
- 001
- Location
- Lewis Center, OH
- Participants
- 209
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,799,002
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,799,002
- Employer contributions
- $529,158
- Participant contributions
- $815,538
- Total income / additions
- $3,421,951
- Benefits paid
- $6,734,313
- Administrative expenses
- $50,457
- Total expenses
- $6,784,770
- Net increase / (decrease)
- -$3,362,819
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Meeder Advisory Services, Inc | INVESTMENT ADVISORY - PL | $30,178 | not reported in the loaded dataset |
| Transamerica Retirement Solutions | RECORDKEEPER | $16,235 | $0 |
| Creative Retirement Systems, Inc. | RECORDKEEPER | $3,000 | $411 |