Plan5500

Torcon, Inc. Retirement Plan — Form 5500 plan (Torcon, Inc.)

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, Torcon, Inc. Retirement Plan is a benefit plan reported by Torcon, Inc. under EIN 22-1773944 and plan number 002. The latest loaded filing year is 2023. The filing reports 302 participants and $94,374,879 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Torcon, Inc.
EIN
22-1773944
Plan number
002
Plan type
2
Location
Red Bank, NJ
Latest filing year
2023
Participants
302
End-of-year plan assets
$94,374,879

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023302H, C20241014085813NAL0014671155001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$94,374,879
Net assets (EOY)
$94,374,879
Net assets (BOY)
$81,624,544

Income & contributions

Employer contributions
$1,070,844
Participant contributions
$3,158,904
Total contributions
$4,664,073
Total income / additions
$21,260,261

Expenses & distributions

Benefits paid
$8,329,212
Administrative expenses
$180,714
Total expenses
$8,509,926
Net increase / (decrease)
$12,750,335

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORD KEEPER$157,714$02023
Wiss & Company, LlpAUDITOR$23,000not reported in the loaded dataset2023

Related Form 5500 pages