Tankstar Usa, Inc. Profit Sharing And Employee'S Savings Plan — Form 5500 plan (Tankstar Usa, 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, Tankstar Usa, Inc. Profit Sharing And Employee'S Savings Plan is a benefit plan reported by Tankstar Usa, Inc. under EIN 39-1568479 and plan number 002. The latest loaded filing year is 2023. The filing reports 711 participants and $17,183,272 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$17.2MPlan net assets, end of year$17,183,272
Participants711Covered participants reported
Assets / participant$24.2KComputed: assets ÷ participants$24,168 (computed)
Provider compensation$1.3K1 Schedule C provider row(s)$1,330
Plan sponsor
Tankstar Usa, Inc.
EIN
39-1568479
Plan number
002
Plan type
2
Location
Milwaukee, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023711H, C20241009090312NAL0018937857001
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)$17.2M total assets
Net assets$17.2MLiabilities$0
Money in vs. money out
Total income / additions$3.6M
Total expenses$1.7M
Benefits paid / distributions$1.7M
Contributions
Employer$242.2K
Participant$1M
Full reported line items

Net assets

Total assets (EOY)
$17,183,272
Total liabilities (EOY)
$0
Net assets (EOY)
$17,183,272
Net assets (BOY)
$15,356,417

Income & contributions

Employer contributions
$242,154
Participant contributions
$1,011,630
Total contributions
$1,268,525
Total income / additions
$3,551,686

Expenses & distributions

Benefits paid
$1,721,763
Administrative expenses
$480
Total expenses
$1,724,831
Net increase / (decrease)
$1,826,855
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 19%Participant 81%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income48%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$1,330$02023

Related Form 5500 pages