Plan5500

Chain Industries Inc. Pension & Profit Sharing Plan With 401k Provisions — Form 5500 plan (Chain Industries 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, Chain Industries Inc. Pension & Profit Sharing Plan With 401k Provisions is a benefit plan reported by Chain Industries Inc. under EIN 38-2436142 and plan number 002. The latest loaded filing year is 2023. The filing reports 23 participants and $4,535,584 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.5MPlan net assets, end of year$4,535,584
Participants23Covered participants reported
Assets / participant$197.2KComputed: assets ÷ participants$197,199 (computed)
Provider compensationNone reported
Plan sponsor
Chain Industries Inc.
EIN
38-2436142
Plan number
002
Plan type
2
Location
Fairview Park, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202323I20240724161507NAL0020899632006
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$4.5M total assets
Net assets$4.5MLiabilities—
Money in vs. money out
Total income / additions$683.8K
Total expenses$41.9K
Benefits paid / distributions$31.7K
Contributions
Employer$40.3K
Participant$112.3K
Full reported line items

Net assets

Total assets (EOY)
$4,535,584
Net assets (EOY)
$4,535,584
Net assets (BOY)
$3,893,685

Income & contributions

Employer contributions
$40,281
Participant contributions
$112,300
Total income / additions
$683,830

Expenses & distributions

Benefits paid
$31,697
Administrative expenses
$10,234
Total expenses
$41,931
Net increase / (decrease)
$641,899
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 26%Participant 74%
Total expenses ÷ net assets1%Computed ratio
Benefits paid ÷ total income5%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages