2023 Form 5500 filing — Eastern Industrial Automation 401(K) 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 20250813131206NAL0009089585001) for Eastern Industrial Automation 401(K) Retirement Plan, reported by Eastern Bearings, Inc. Dba Eastern Industrial Automation under EIN 04-2316388 and plan number 001. It reports 201 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250813131206NAL0009089585001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Eastern Bearings, Inc. Dba Eastern Industrial Automation
- EIN
- 04-2316388
- Plan number
- 001
- Location
- Waltham, MA
- Participants
- 201
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,742,221
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,742,221
- Employer contributions
- $464,127
- Participant contributions
- $1,203,891
- Total income / additions
- $8,442,413
- Benefits paid
- $1,705,969
- Administrative expenses
- $11,279
- Total expenses
- $1,717,248
- Net increase / (decrease)
- $6,725,165
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Tonneson & Co Cpa & Consultants | RETAINED BY EMPLOYER | $4,700 | not reported in the loaded dataset |
| Mayflower Financial Advisors | RETAINED BY EMPLOYER | $4,500 | not reported in the loaded dataset |
| John Hancock | RETAINED BY EMPLOYER | $2,079 | $0 |