Absolute Machine Tools, Inc. Employee Stock Ownership Plan And Trust — Form 5500 plan (Absolute Machine Tools, 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, Absolute Machine Tools, Inc. Employee Stock Ownership Plan And Trust is a benefit plan reported by Absolute Machine Tools, Inc. under EIN 34-1602413 and plan number 003. The latest loaded filing year is 2023. The filing reports 60 participants and $5,418,873 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Absolute Machine Tools, Inc.
- EIN
- 34-1602413
- Plan number
- 003
- Plan type
- 2
- Location
- Lorain, OH
- Latest filing year
- 2023
- Participants
- 60
- End-of-year plan assets
- $5,418,873
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 60 | I | 20240807090506NAL0002015843001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $5,418,873
- Total liabilities (EOY)
- $7,007,898
- Net assets (EOY)
- -$1,589,025
- Net assets (BOY)
- -$1,587,282
Income & contributions
- Employer contributions
- $738,221
- Total income / additions
- $258,191
Expenses & distributions
- Benefits paid
- $21,636
- Administrative expenses
- $60
- Total expenses
- $259,934
- Net increase / (decrease)
- -$1,743
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.