Tom Masano, Inc. 401(K) Salary Deferral Plan — Form 5500 plan (Tom Masano, 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, Tom Masano, Inc. 401(K) Salary Deferral Plan is a benefit plan reported by Tom Masano, Inc. under EIN 23-1746978 and plan number 001. The latest loaded filing year is 2023. The filing reports 319 participants and $14,295,654 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Tom Masano, Inc.
EIN
23-1746978
Plan number
001
Plan type
2
Location
Reading, PA
Latest filing year
2023
Participants
319
End-of-year plan assets
$14,295,654

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023319H, C20241014153119NAL0015213043001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,295,654
Total liabilities (EOY)
$0
Net assets (EOY)
$14,295,654
Net assets (BOY)
$13,149,041

Income & contributions

Employer contributions
$232,914
Participant contributions
$1,073,189
Total contributions
$1,589,711
Total income / additions
$3,550,560

Expenses & distributions

Benefits paid
$2,295,234
Administrative expenses
$84,305
Total expenses
$2,403,947
Net increase / (decrease)
$1,146,613

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$84,305$02023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages