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, Industrial Aid, Inc. 401(K) Plan001 is a benefit plan reported by Industrial Aid, Inc. under EIN 43-0950642 and plan number 001. The latest loaded filing year is 2023. The filing reports 171 participants and $1,673,051 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,673,051
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,673,051
- Net assets (BOY)
- $1,449,428
Income & contributions
- Employer contributions
- $37,270
- Participant contributions
- $64,457
- Total contributions
- $101,727
- Total income / additions
- $328,492
Expenses & distributions
- Benefits paid
- $98,041
- Administrative expenses
- $6,828
- Total expenses
- $104,869
- Net increase / (decrease)
- $223,623