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, Fiberoptics Technology, Inc. 401(K) Plan is a benefit plan reported by Fiberoptics Technology, Inc. under EIN 06-0965547 and plan number 001. The latest loaded filing year is 2023. The filing reports 155 participants and $14,097,452 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,097,452
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,097,452
- Net assets (BOY)
- $11,730,671
Income & contributions
- Employer contributions
- $123,157
- Participant contributions
- $581,294
- Total contributions
- $707,579
- Total income / additions
- $2,968,364
Expenses & distributions
- Benefits paid
- $593,243
- Administrative expenses
- $8,340
- Total expenses
- $601,583
- Net increase / (decrease)
- $2,366,781