Future Skys Inc 401(K) Plan — Form 5500 plan (Future Skys 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, Future Skys Inc 401(K) Plan is a benefit plan reported by Future Skys Inc under EIN 22-3815151 and plan number 001. The latest loaded filing year is 2023. The filing reports 49 participants and $10,485,475 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Future Skys Inc
EIN
22-3815151
Plan number
001
Plan type
2
Location
Farmingdale, NJ
Latest filing year
2023
Participants
49
End-of-year plan assets
$10,485,475

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202349I20240812071931NAL0020333906001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$10,485,475
Total liabilities (EOY)
$0
Net assets (EOY)
$10,485,475
Net assets (BOY)
$9,246,992

Income & contributions

Employer contributions
$50,460
Participant contributions
$291,615
Total income / additions
$2,034,757

Expenses & distributions

Benefits paid
$796,083
Administrative expenses
$191
Total expenses
$796,274
Net increase / (decrease)
$1,238,483

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages