Penn Stainless Products, Inc. Profit Sharing-401(K) Plan — Form 5500 plan (Penn Stainless Products, 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, Penn Stainless Products, Inc. Profit Sharing-401(K) Plan is a benefit plan reported by Penn Stainless Products, Inc. under EIN 23-2093536 and plan number 001. The latest loaded filing year is 2023. The filing reports 260 participants and $20,368,303 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Penn Stainless Products, Inc.
EIN
23-2093536
Plan number
001
Plan type
2
Location
Quakertown, PA
Latest filing year
2023
Participants
260
End-of-year plan assets
$20,368,303

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023260H, C20240917072701NAL0003599376001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$20,368,303
Total liabilities (EOY)
$0
Net assets (EOY)
$20,368,303
Net assets (BOY)
$17,314,782

Income & contributions

Employer contributions
$687,052
Participant contributions
$1,091,091
Total contributions
$1,844,912
Total income / additions
$4,947,123

Expenses & distributions

Benefits paid
$1,842,354
Administrative expenses
$50,665
Total expenses
$1,893,602
Net increase / (decrease)
$3,053,521

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Kistler-Tiffany AdvisorsINV ADVISOR$40,099$02023
Kt Administrators, LLCTPA$10,566$02023

Related Form 5500 pages