American Friction Technologies, Ltd. Profit Sharing Plan — Form 5500 plan (American Friction Technologies, Ltd.)
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, American Friction Technologies, Ltd. Profit Sharing Plan is a benefit plan reported by American Friction Technologies, Ltd. under EIN 34-1840354 and plan number 001. The latest loaded filing year is 2023. The filing reports 70 participants and $3,597,111 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- American Friction Technologies, Ltd.
- EIN
- 34-1840354
- Plan number
- 001
- Plan type
- 2
- Location
- Garfield Heights, OH
- Latest filing year
- 2023
- Participants
- 70
- End-of-year plan assets
- $3,597,111
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 70 | I | 20241015134153NAL0048180992001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $3,597,111
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,597,111
- Net assets (BOY)
- $3,233,765
Income & contributions
- Employer contributions
- $123,821
- Participant contributions
- $66,003
- Total income / additions
- $714,324
Expenses & distributions
- Benefits paid
- $349,064
- Administrative expenses
- $1,914
- Total expenses
- $350,978
- Net increase / (decrease)
- $363,346
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.