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, Inductoheat, Inc. Retirement Savings Plan is a benefit plan reported by Inductoheat, Inc. under EIN 38-1694184 and plan number 002. The latest loaded filing year is 2023. The filing reports 146 participants and $37,526,661 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,526,661
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,526,661
- Net assets (BOY)
- $37,323,453
Income & contributions
- Employer contributions
- $1,054,807
- Participant contributions
- $479,673
- Total contributions
- $1,534,480
- Total income / additions
- $5,998,698
Expenses & distributions
- Benefits paid
- $5,714,750
- Administrative expenses
- $80,740
- Total expenses
- $5,795,490
- Net increase / (decrease)
- $203,208