Robin Industries, Inc. Employees' 401(K) Plan — Form 5500 plan (Robin Industries, 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, Robin Industries, Inc. Employees' 401(K) Plan is a benefit plan reported by Robin Industries, Inc under EIN 34-0687154 and plan number 001. The latest loaded filing year is 2023. The filing reports 430 participants and $19,646,698 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$19.6MPlan net assets, end of year$19,646,698
Participants430Covered participants reported
Assets / participant$45.7KComputed: assets ÷ participants$45,690 (computed)
Provider compensation$120.6K2 Schedule C provider row(s)$120,557
Plan sponsor
Robin Industries, Inc
EIN
34-0687154
Plan number
001
Plan type
2
Location
Independence, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023430H, C20241015150027NAL0030069361001
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)$19.6M total assets
Net assets$19.6MLiabilities$0
Money in vs. money out
Total income / additions$4.1M
Total expenses$1.8M
Benefits paid / distributions$1.7M
Contributions
Employer$340.9K
Participant$904.8K
Full reported line items

Net assets

Total assets (EOY)
$19,646,698
Total liabilities (EOY)
$0
Net assets (EOY)
$19,646,698
Net assets (BOY)
$17,414,386

Income & contributions

Employer contributions
$340,869
Participant contributions
$904,774
Total contributions
$1,361,463
Total income / additions
$4,077,632

Expenses & distributions

Benefits paid
$1,737,624
Administrative expenses
$75,379
Total expenses
$1,845,320
Net increase / (decrease)
$2,232,312
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 27%Participant 73%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$75,378$02023
Ubs Financial Services IncINVESTMENT ADVISORY$0$45,1792023

Related Form 5500 pages