Retirement Plan For Salaried Employees Of Tinius Olsen Testing Machine Company — Form 5500 plan (Tinius Olsen Testing Machine Co., 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, Retirement Plan For Salaried Employees Of Tinius Olsen Testing Machine Company is a benefit plan reported by Tinius Olsen Testing Machine Co., Inc. under EIN 23-0931190 and plan number 003. The latest loaded filing year is 2023. The filing reports 95 participants and $5,317,700 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.3MPlan net assets, end of year$5,317,700
Participants95Covered participants reported
Assets / participant$56KComputed: assets ÷ participants$55,976 (computed)
Provider compensation$55.7K1 Schedule C provider row(s)$55,698
Plan sponsor
Tinius Olsen Testing Machine Co., Inc.
EIN
23-0931190
Plan number
003
Plan type
2
Location
Horsham, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202395H, C20241014092039NAL0014693187001
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)$5.3M total assets
Net assets$5.3MLiabilities$0
Money in vs. money out
Total income / additions$337.1K
Total expenses$347.6K
Benefits paid / distributions$291.9K
Contributions
Employer$117K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$5,317,700
Total liabilities (EOY)
$0
Net assets (EOY)
$5,317,700
Net assets (BOY)
$5,328,212

Income & contributions

Employer contributions
$117,019
Total contributions
$117,019
Total income / additions
$337,053

Expenses & distributions

Benefits paid
$291,866
Administrative expenses
$55,699
Total expenses
$347,565
Net increase / (decrease)
-$10,512
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.

Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income87%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Aetna Life Insurance CompanyNONE$55,698not reported in the loaded dataset2023

Related Form 5500 pages