Royal Technologies Corporation Profit Sharing And Retirement Savings Plan — Form 5500 plan (Royal Technologies Corporation)

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, Royal Technologies Corporation Profit Sharing And Retirement Savings Plan is a benefit plan reported by Royal Technologies Corporation under EIN 38-2726351 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,578 participants and $51,709,021 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Royal Technologies Corporation
EIN
38-2726351
Plan number
001
Plan type
2
Location
Hudsonville, MI
Latest filing year
2023
Participants
1,578
End-of-year plan assets
$51,709,021

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,578H, C20240909142616NAL0002832547003

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$51,709,021
Net assets (EOY)
$51,709,021
Net assets (BOY)
$42,814,286

Income & contributions

Participant contributions
$3,561,247
Total contributions
$4,040,773
Total income / additions
$12,589,951

Expenses & distributions

Benefits paid
$3,624,371
Administrative expenses
$70,845
Total expenses
$3,695,216
Net increase / (decrease)
$8,894,735

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORDKEEPER$70,845$02023

Related Form 5500 pages