Twin Disc, Incorporated - The Accelerator 401(K) Savings Plan — Form 5500 plan (Twin Disc, Incorporated)
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, Twin Disc, Incorporated - The Accelerator 401(K) Savings Plan is a benefit plan reported by Twin Disc, Incorporated under EIN 39-0667110 and plan number 005. The latest loaded filing year is 2023. The filing reports 440 participants and $71,040,072 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$71MPlan net assets, end of year$71,040,072
Participants440Covered participants reported
Assets / participant$161.5KComputed: assets ÷ participants$161,455 (computed)
Provider compensation$31.2K2 Schedule C provider row(s)$31,200
- Plan sponsor
- Twin Disc, Incorporated
- EIN
- 39-0667110
- Plan number
- 005
- Plan type
- 2
- Location
- Milwaukee, WI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 440 | H, C | 20241014121411NAL0044444576001 |
Schedule H · 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)$71M total assets
Net assets$71MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $71,040,072
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $71,040,072
- Net assets (BOY)
- $60,813,932
Income & contributions
- Employer contributions
- $861,647
- Participant contributions
- $2,327,680
- Total contributions
- $3,722,022
- Total income / additions
- $15,286,685
Expenses & distributions
- Benefits paid
- $5,029,346
- Administrative expenses
- $31,199
- Total expenses
- $5,060,545
- Net increase / (decrease)
- $10,226,140
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.
27%73%
Employer 27%Participant 73%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income33%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Marquette Associates | NONE | $26,300 | not reported in the loaded dataset | 2023 |
| T Rowe Price Rps Inc | NONE | $4,900 | $0 | 2023 |