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, New Concept Manufacturing , LLC 401(K) Plan is a benefit plan reported by New Concept Technology Inc. under EIN 27-0076202 and plan number 001. The latest loaded filing year is 2023. The filing reports 198 participants and $4,587,905 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,587,905
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,587,905
- Net assets (BOY)
- $4,005,754
Income & contributions
- Employer contributions
- $39,969
- Participant contributions
- $398,624
- Total contributions
- $525,619
- Total income / additions
- $1,107,877
Expenses & distributions
- Benefits paid
- $508,431
- Administrative expenses
- $4,588
- Total expenses
- $525,726
- Net increase / (decrease)
- $582,151