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, Silotech Group Inc 401k Plan is a benefit plan reported by Silotech Group, Inc. under EIN 26-3512026 and plan number 001. The latest loaded filing year is 2023. The filing reports 226 participants and $3,960,528 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,960,528
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,960,528
- Net assets (BOY)
- $3,569,028
Income & contributions
- Employer contributions
- $270,757
- Participant contributions
- $576,766
- Total contributions
- $1,028,361
- Total income / additions
- $1,662,526
Expenses & distributions
- Benefits paid
- $1,243,367
- Administrative expenses
- $27,659
- Total expenses
- $1,271,026
- Net increase / (decrease)
- $391,500