2023 Form 5500 filing — Applied Mechanical Systems, Inc. 401(K) Profit Sharing 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 20250227170421NAL0004067488001) for Applied Mechanical Systems, Inc. 401(K) Profit Sharing Plan, reported by Applied Mechanical Systems, Inc. under EIN 31-0846401 and plan number 001. It reports 244 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250227170421NAL0004067488001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Applied Mechanical Systems, Inc.
- EIN
- 31-0846401
- Plan number
- 001
- Location
- Dayton, OH
- Participants
- 244
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,622,018
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,622,018
- Employer contributions
- $121,963
- Participant contributions
- $970,614
- Total income / additions
- $3,613,209
- Benefits paid
- $1,010,061
- Administrative expenses
- $42,052
- Total expenses
- $1,052,113
- Net increase / (decrease)
- $2,561,096
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ironshore Financial, LLC | ADVISOR | $15,750 | not reported in the loaded dataset |
| Twg Benefits, Inc. | RECORDKEEPER | $14,248 | not reported in the loaded dataset |
| Matrix Trust Company | CUSTODIAN | $6,308 | not reported in the loaded dataset |
| Dynamic Pension Services, Inc. | TPA | $5,745 | not reported in the loaded dataset |