Clampco Products, Inc. 401k Profit Sharing Plan — Form 5500 plan (Clampco Products, 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, Clampco Products, Inc. 401k Profit Sharing Plan is a benefit plan reported by Clampco Products, Inc. under EIN 34-1097609 and plan number 001. The latest loaded filing year is 2023. The filing reports 228 participants and $18,358,591 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Clampco Products, Inc.
EIN
34-1097609
Plan number
001
Plan type
2
Location
Wadsworth, OH
Latest filing year
2023
Participants
228
End-of-year plan assets
$18,358,591

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023228H, C20241009141154NAL0037286818001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,358,591
Total liabilities (EOY)
$0
Net assets (EOY)
$18,358,591
Net assets (BOY)
$17,045,848

Income & contributions

Employer contributions
$0
Participant contributions
$542,179
Total contributions
$542,179
Total income / additions
$2,885,384

Expenses & distributions

Benefits paid
$1,539,226
Administrative expenses
$33,415
Total expenses
$1,572,641
Net increase / (decrease)
$1,312,743

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$31,321$02023
Tavco Financial Advisory, IncINVESTMENT ADVISORY$0$14,0972023
Commonwealth Financial NetworkINVESTMENT ADVISORY$0$12,0092023
Definiti LLCCONTRACTOR ADMINISTRATOR$2,099$6,2912023

Related Form 5500 pages