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, Steel Grip, Inc. Employees' Profit Sharing And Savings Plan is a benefit plan reported by Steel Grip, Inc. under EIN 37-1178946 and plan number 001. The latest loaded filing year is 2023. The filing reports 116 participants and $6,635,397 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,635,397
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,635,397
- Net assets (BOY)
- $6,458,193
Income & contributions
- Employer contributions
- $204,608
- Participant contributions
- $271,383
- Total contributions
- $475,991
- Total income / additions
- $1,247,296
Expenses & distributions
- Benefits paid
- $1,034,772
- Administrative expenses
- $32,845
- Total expenses
- $1,070,092
- Net increase / (decrease)
- $177,204