Advanced Process Technologies, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Advanced Process Technologies, 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, Advanced Process Technologies, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Advanced Process Technologies, Inc. under EIN 42-1497050 and plan number 001. The latest loaded filing year is 2023. The filing reports 174 participants and $16,094,100 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Advanced Process Technologies, Inc.
EIN
42-1497050
Plan number
001
Plan type
2
Location
Cokato, MN
Latest filing year
2023
Participants
174
End-of-year plan assets
$16,094,100

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023174H, C20240820104753NAL0005693554001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$16,094,100
Total liabilities (EOY)
$0
Net assets (EOY)
$16,094,100
Net assets (BOY)
$12,309,263

Income & contributions

Employer contributions
$430,094
Participant contributions
$969,573
Total contributions
$2,004,105
Total income / additions
$4,287,600

Expenses & distributions

Benefits paid
$442,512
Administrative expenses
$60,251
Total expenses
$502,763
Net increase / (decrease)
$3,784,837

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Valmark Advisers, Inc.INVESTMENT ADVISOR$35,564not reported in the loaded dataset2023
John Hancock UsaRECORDKEEPER$0$02023

Related Form 5500 pages