Plan5500

Butech, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Butech, 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, Butech, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Butech, Inc. under EIN 34-1472584 and plan number 001. The latest loaded filing year is 2023. The filing reports 296 participants and $32,774,493 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Butech, Inc.
EIN
34-1472584
Plan number
001
Plan type
2
Location
Salem, OH
Latest filing year
2023
Participants
296
End-of-year plan assets
$32,774,493

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023296H, C20241007070730NAL0025653520001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$32,774,493
Total liabilities (EOY)
$0
Net assets (EOY)
$32,774,493
Net assets (BOY)
$26,650,059

Income & contributions

Employer contributions
$792,380
Participant contributions
$2,065,078
Total contributions
$3,078,385
Total income / additions
$7,461,263

Expenses & distributions

Benefits paid
$1,260,008
Administrative expenses
$54,995
Total expenses
$1,336,829
Net increase / (decrease)
$6,124,434

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Huntington National BankADVISOR$24,527not reported in the loaded dataset2023
Fidelity Workplace Services, LLCPLAN ADMINISTRATOR$21,344$02023
Resources Investment Advisors LLCADVISOR$8,970not reported in the loaded dataset2023

Related Form 5500 pages