Swk Technologies 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Swk Technologies)
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, Swk Technologies 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Swk Technologies under EIN 41-2137529 and plan number 001. The latest loaded filing year is 2023. The filing reports 271 participants and $11,804,054 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Swk Technologies
- EIN
- 41-2137529
- Plan number
- 001
- Plan type
- 2
- Location
- East Hanover, NJ
- Latest filing year
- 2023
- Participants
- 271
- End-of-year plan assets
- $11,804,054
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 271 | H, C | 20240819204002NAL0004263042001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,804,054
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,804,054
- Net assets (BOY)
- $8,624,827
Income & contributions
- Employer contributions
- $262,602
- Participant contributions
- $1,577,248
- Total contributions
- $1,897,996
- Total income / additions
- $3,599,768
Expenses & distributions
- Benefits paid
- $368,635
- Administrative expenses
- $51,906
- Total expenses
- $420,541
- Net increase / (decrease)
- $3,179,227
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Valmark Advisors Inc | ADVISOR | $22,657 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $21,656 | not reported in the loaded dataset | 2023 |