Tormach Employee Stock Ownership Plan — Form 5500 plan (Tormach 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, Tormach Employee Stock Ownership Plan is a benefit plan reported by Tormach Inc. under EIN 47-2571333 and plan number 002. The latest loaded filing year is 2023. The filing reports 40 participants and $10,325,117 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Tormach Inc.
- EIN
- 47-2571333
- Plan number
- 002
- Plan type
- 2
- Location
- Monona, WI
- Latest filing year
- 2023
- Participants
- 40
- End-of-year plan assets
- $10,325,117
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 40 | I | 20240724121937NAL0021594960001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $10,325,117
- Total liabilities (EOY)
- $6,874,539
- Net assets (EOY)
- $3,450,578
- Net assets (BOY)
- $4,140,825
Income & contributions
- Employer contributions
- $495,651
- Total income / additions
- -$434,267
Expenses & distributions
- Benefits paid
- $61,107
- Administrative expenses
- $82
- Total expenses
- $255,980
- Net increase / (decrease)
- -$690,247
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.