Selway Savings Plan — Form 5500 plan (Selway Machine Tool Company, 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, Selway Savings Plan is a benefit plan reported by Selway Machine Tool Company, Inc. under EIN 94-1716003 and plan number 002. The latest loaded filing year is 2023. The filing reports 183 participants and $22,318,012 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Selway Machine Tool Company, Inc.
- EIN
- 94-1716003
- Plan number
- 002
- Plan type
- 2
- Location
- Union City, CA
- Latest filing year
- 2023
- Participants
- 183
- End-of-year plan assets
- $22,318,012
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 183 | H, C | 20241011115125NAL0036843504001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,318,012
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,318,012
- Net assets (BOY)
- $18,865,041
Income & contributions
- Employer contributions
- $340,656
- Participant contributions
- $1,429,468
- Total contributions
- $1,852,131
- Total income / additions
- $4,851,069
Expenses & distributions
- Benefits paid
- $1,324,512
- Administrative expenses
- $52,157
- Total expenses
- $1,398,098
- Net increase / (decrease)
- $3,452,971
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $52,157 | $0 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Selway Machine Tool Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Union City, CA
- Principal Life Insurance Company — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation