Meyer Tool 401(K) And Profit Sharing Plan — Form 5500 plan (Meyer Tool, 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, Meyer Tool 401(K) And Profit Sharing Plan is a benefit plan reported by Meyer Tool, Inc. under EIN 31-0874289 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,277 participants and $73,397,180 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$73.4MPlan net assets, end of year$73,397,180
Participants1.3KCovered participants reported1,277
Assets / participant$57.5KComputed: assets ÷ participants$57,476 (computed)
Provider compensation$45.1K2 Schedule C provider row(s)$45,149
- Plan sponsor
- Meyer Tool, Inc.
- EIN
- 31-0874289
- Plan number
- 001
- Plan type
- 2
- Location
- Cincinnati, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,277 | H, C | 20241007125441NAL0008881251001 |
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)$73.4M total assets
Net assets$73.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $73,397,180
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $73,397,180
- Net assets (BOY)
- $61,805,365
Income & contributions
- Employer contributions
- $264,481
- Participant contributions
- $5,187,441
- Total contributions
- $6,064,266
- Total income / additions
- $17,486,145
Expenses & distributions
- Benefits paid
- $5,848,547
- Administrative expenses
- $45,149
- Total expenses
- $5,894,330
- Net increase / (decrease)
- $11,591,815
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.
95%
Employer 5%Participant 95%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income33%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $25,592 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $19,557 | $0 | 2023 |