Turck Inc. Employee Savings And Profit Sharing Plan — Form 5500 plan (Turck 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, Turck Inc. Employee Savings And Profit Sharing Plan is a benefit plan reported by Turck Inc. under EIN 41-1263309 and plan number 001. The latest loaded filing year is 2023. The filing reports 883 participants and $111,151,785 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Turck Inc.
- EIN
- 41-1263309
- Plan number
- 001
- Plan type
- 2
- Location
- Plymouth, MN
- Latest filing year
- 2023
- Participants
- 883
- End-of-year plan assets
- $111,151,785
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 883 | H, C | 20241011150330NAL0037348288001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $111,151,785
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $111,151,785
- Net assets (BOY)
- $101,079,983
Income & contributions
- Employer contributions
- $1,191,637
- Participant contributions
- $3,596,221
- Total contributions
- $4,794,446
- Total income / additions
- $21,545,443
Expenses & distributions
- Benefits paid
- $11,445,717
- Administrative expenses
- $27,924
- Total expenses
- $11,473,641
- Net increase / (decrease)
- $10,071,802
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vanguard Advisers Inc. | NONE | $24,097 | not reported in the loaded dataset | 2023 |
| The Vanguard Group, Inc. | NONE | $7,915 | $0 | 2023 |