2023 Form 5500 filing — Thruway Fasteners, Inc Employees 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 20241011092559NAL0010768483001) for Thruway Fasteners, Inc Employees Savings Plan, reported by Thruway Fasteners, Inc under EIN 16-0838558 and plan number 003. It reports 152 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011092559NAL0010768483001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Thruway Fasteners, Inc
- EIN
- 16-0838558
- Plan number
- 003
- Location
- N. Tonawanda, NY
- Participants
- 152
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,761,163
- Net assets (EOY)
- $8,761,163
- Employer contributions
- $223,249
- Participant contributions
- $534,333
- Total income / additions
- $1,948,027
- Benefits paid
- $573,752
- Administrative expenses
- $43,037
- Total expenses
- $616,789
- Net increase / (decrease)
- $1,331,238
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $41,094 | $0 |
| Securities America Inc. | BROKER/ADVISO R | $0 | $18,858 |
| Actuarial Consulting Services, Inc | CONTRACT ADMI NISTRATOR | $1,235 | $7,868 |