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, Custom Bandag, Inc. 401(K) Salary Reduction Plan And Trust is a benefit plan reported by Custom Bandag, Inc. under EIN 22-2084422 and plan number 001. The latest loaded filing year is 2023. The filing reports 315 participants and $4,466,395 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,466,395
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,466,395
- Net assets (BOY)
- $3,803,811
Income & contributions
- Employer contributions
- $54,044
- Participant contributions
- $180,174
- Total contributions
- $234,587
- Total income / additions
- $887,517
Expenses & distributions
- Benefits paid
- $166,984
- Administrative expenses
- $57,949
- Total expenses
- $224,933
- Net increase / (decrease)
- $662,584