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, T & L Automatics, Inc. Profit Sharing Plan is a benefit plan reported by T & L Automatics, Inc. under EIN 16-1056575 and plan number 002. The latest loaded filing year is 2023. The filing reports 104 participants and $9,485,503 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,485,503
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,485,503
- Net assets (BOY)
- $8,411,459
Income & contributions
- Employer contributions
- $203,597
- Participant contributions
- $300,229
- Total contributions
- $513,713
- Total income / additions
- $1,980,153
Expenses & distributions
- Benefits paid
- $904,709
- Administrative expenses
- $1,400
- Total expenses
- $906,109
- Net increase / (decrease)
- $1,074,044