Plan5500

Acme Tools 401(K) Plan — Form 5500 plan (Acme Electric Motor, 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, Acme Tools 401(K) Plan is a benefit plan reported by Acme Electric Motor, Inc under EIN 45-0283814 and plan number 001. The latest loaded filing year is 2023. The filing reports 581 participants and $31,243,058 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Acme Electric Motor, Inc
EIN
45-0283814
Plan number
001
Plan type
2
Location
Grand Forks, ND
Latest filing year
2023
Participants
581
End-of-year plan assets
$31,243,058

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023581H, C20240826050955NAL0005293987001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$31,243,058
Total liabilities (EOY)
$0
Net assets (EOY)
$31,243,058
Net assets (BOY)
$27,439,764

Income & contributions

Employer contributions
$686,979
Participant contributions
$1,818,740
Total contributions
$2,703,532
Total income / additions
$7,198,736

Expenses & distributions

Benefits paid
$3,286,652
Administrative expenses
$63,207
Total expenses
$3,395,442
Net increase / (decrease)
$3,803,294

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus FinancialINVESTMENT/FINANCIAL ADVI$22,423$02023
Principal Lif Insurance CompanyCONTACT ADMINISTRATOR$21,805$02023
Adp, Inc.RECORD KEEPER$18,979$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages