2023 Form 5500 filing — Fastco Industries, Inc. 401(K) 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 20241014120848NAL0013253235001) for Fastco Industries, Inc. 401(K) Plan, reported by Fastco Industries, Inc. under EIN 38-2253225 and plan number 001. It reports 149 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$5,901,700
Participants149
Provider compensation$30.7K5 Schedule C row(s)$30,694
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014120848NAL0013253235001
Plan sponsor
Fastco Industries, Inc.
EIN
38-2253225
Plan number
001
Location
Grand Rapids, MI
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$1.4M
Total expenses$1.5M
Benefits paid / distributions$1.5M
Contributions
Employer$96.6K
Participant$290.2K
Full reported line items
Total assets (EOY)
$5,901,700
Total liabilities (EOY)
$0
Net assets (EOY)
$5,901,700
Employer contributions
$96,557
Participant contributions
$290,218
Total income / additions
$1,381,589
Benefits paid
$1,526,159
Administrative expenses
$0
Total expenses
$1,526,159
Net increase / (decrease)
-$144,570

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Global Retirement Partners LLCINVESTMENT ADVISOR$23,017not reported in the loaded dataset
The Michigan Pension Group IncCONTRACT ADMINISTRATOR$683$4,819
Corporation Benefit Plans IncINVESTMENT ADVISOR$1,160not reported in the loaded dataset
Empower Aunnity Insurance CompanyRECORDKEEPER$820$0
MmlisBROKER ADVISER$0$195

Related Form 5500 pages