2023 Form 5500 filing — Tom Masano, Inc. 401(K) Salary Deferral 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 20241014153119NAL0015213043001) for Tom Masano, Inc. 401(K) Salary Deferral Plan, reported by Tom Masano, Inc. under EIN 23-1746978 and plan number 001. It reports 319 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014153119NAL0015213043001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tom Masano, Inc.
- EIN
- 23-1746978
- Plan number
- 001
- Location
- Reading, PA
- Participants
- 319
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,295,654
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,295,654
- Employer contributions
- $232,914
- Participant contributions
- $1,073,189
- Total income / additions
- $3,550,560
- Benefits paid
- $2,295,234
- Administrative expenses
- $84,305
- Total expenses
- $2,403,947
- Net increase / (decrease)
- $1,146,613
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $84,305 | $0 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |