Protech Powder 401k Plan — Form 5500 plan (Protech Powder Coating, 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, Protech Powder 401k Plan is a benefit plan reported by Protech Powder Coating, Inc. under EIN 22-3272372 and plan number 001. The latest loaded filing year is 2023. The filing reports 229 participants and $8,295,030 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.3MPlan net assets, end of year$8,295,030
Participants229Covered participants reported
Assets / participant$36.2KComputed: assets ÷ participants$36,223 (computed)
Provider compensationNone reported1 Schedule C provider row(s)
Plan sponsor
Protech Powder Coating, Inc.
EIN
22-3272372
Plan number
001
Plan type
2
Location
not reported in the loaded dataset
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023229H, C20240920093220NAL0007584305001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8.3M total assets
Net assets$8.3MLiabilities$0
Money in vs. money out
Total income / additions$2.2M
Total expenses$1.3M
Benefits paid / distributions$1.3M
Contributions
Employer$328.2K
Participant$692.9K
Full reported line items

Net assets

Total assets (EOY)
$8,295,030
Total liabilities (EOY)
$0
Net assets (EOY)
$8,295,030
Net assets (BOY)
$7,339,606

Income & contributions

Employer contributions
$328,176
Participant contributions
$692,935
Total contributions
$1,131,869
Total income / additions
$2,223,824

Expenses & distributions

Benefits paid
$1,267,588
Administrative expenses
$0
Total expenses
$1,268,400
Net increase / (decrease)
$955,424
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 32%Participant 68%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income57%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages