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, Ingersoll Cutting Tool 401(K) Plan is a benefit plan reported by Ingersoll Cutting Tool Company, Inc. under EIN 75-2908703 and plan number 001. The latest loaded filing year is 2023. The filing reports 482 participants and $102,824,757 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $102,824,757
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $102,824,757
- Net assets (BOY)
- $89,484,300
Income & contributions
- Employer contributions
- $961,529
- Participant contributions
- $2,084,586
- Total contributions
- $3,168,109
- Total income / additions
- $17,989,319
Expenses & distributions
- Benefits paid
- $4,634,472
- Administrative expenses
- $14,390
- Total expenses
- $4,648,862
- Net increase / (decrease)
- $13,340,457