Plan5500

Apex Tool Group Individual Account Retirement Plan For Bargaining Unit Employees — Form 5500 plan (Apex Tool Group, LLC)

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, Apex Tool Group Individual Account Retirement Plan For Bargaining Unit Employees is a benefit plan reported by Apex Tool Group, LLC under EIN 27-1996059 and plan number 002. The latest loaded filing year is 2023. The filing reports 170 participants and $6,543,287 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.5MPlan net assets, end of year$6,543,287
Participants170Covered participants reported
Assets / participant$38.5KComputed: assets ÷ participants$38,490 (computed)
Provider compensation$11.9K1 Schedule C provider row(s)$11,949
Plan sponsor
Apex Tool Group, LLC
EIN
27-1996059
Plan number
002
Plan type
2
Location
Sparks, MD
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    170 participants · 2Sch HSch C
    View filing →
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)$6.5M total assets
Net assets$6.5MLiabilities$0
Money in vs. money out
Total income / additions$854.8K
Total expenses$581.5K
Benefits paid / distributions$577.6K
Contributions
Employer$126.3K
Participant$191.3K
Full reported line items

Net assets

Total assets (EOY)
$6,543,287
Total liabilities (EOY)
$0
Net assets (EOY)
$6,543,287
Net assets (BOY)
$6,270,038

Income & contributions

Employer contributions
$126,308
Participant contributions
$191,295
Total contributions
$317,603
Total income / additions
$854,762

Expenses & distributions

Benefits paid
$577,648
Administrative expenses
$15,042
Total expenses
$581,513
Net increase / (decrease)
$273,249
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.

Contribution share (employer vs. participant)
Employer 40%Participant 60%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income68%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Fidelity Investments Institutional$11.9K
    RECORDKEEPER · Direct $11.9K · Indirect $0

Related Form 5500 pages