Eastern Industrial Automation 401(K) Retirement Plan — Form 5500 plan (Eastern Bearings, Inc. Dba Eastern Industrial Automation)

Plain-English plan 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, Eastern Industrial Automation 401(K) Retirement Plan is a benefit plan reported by Eastern Bearings, Inc. Dba Eastern Industrial Automation under EIN 04-2316388 and plan number 001. The latest loaded filing year is 2023. The filing reports 201 participants and $30,742,221 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Eastern Bearings, Inc. Dba Eastern Industrial Automation
EIN
04-2316388
Plan number
001
Plan type
2
Location
Waltham, MA
Latest filing year
2023
Participants
201
End-of-year plan assets
$30,742,221

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023201H, C20250813131206NAL0009089585001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$30,742,221
Total liabilities (EOY)
$0
Net assets (EOY)
$30,742,221
Net assets (BOY)
$24,017,056

Income & contributions

Employer contributions
$464,127
Participant contributions
$1,203,891
Total contributions
$1,671,550
Total income / additions
$8,442,413

Expenses & distributions

Benefits paid
$1,705,969
Administrative expenses
$11,279
Total expenses
$1,717,248
Net increase / (decrease)
$6,725,165

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Tonneson & Co Cpa & ConsultantsRETAINED BY EMPLOYER$4,700not reported in the loaded dataset2023
Mayflower Financial AdvisorsRETAINED BY EMPLOYER$4,500not reported in the loaded dataset2023
John HancockRETAINED BY EMPLOYER$2,079$02023

Related Form 5500 pages