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, Chardam Gear Company, Inc. 401(K) Plan is a benefit plan reported by Chardam Gear Company, Inc. under EIN 38-2599660 and plan number 001. The latest loaded filing year is 2023. The filing reports 169 participants and $10,060,225 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,060,225
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,060,225
- Net assets (BOY)
- $8,669,586
Income & contributions
- Employer contributions
- $290,798
- Participant contributions
- $631,221
- Total contributions
- $965,792
- Total income / additions
- $2,149,289
Expenses & distributions
- Benefits paid
- $733,603
- Administrative expenses
- $19,994
- Total expenses
- $758,650
- Net increase / (decrease)
- $1,390,639