Plan Ledger DOL Form 5500 · updated monthly

Fastbolt Corp.ESOP

FASTBOLT CORP. EMPLOYEE STOCK OWNERSHIP PLAN · SOUTH HACKENSACK, NJ · plan year 2022

Plan assets · 2022
$5.5M

Fastbolt Corp.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $5,498,653 across 120 participant accounts. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.12% to 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,843rd of 2,419), and 3,572nd of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$5,498,653
Participants with balances120
Active participants64
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$45,822
Benefits paid to participants$105,129
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 94 accts
2023$3.2M · 120 accts
2022$5.5M · 120 accts
Recordkeeper by year2
2024DANZINGER & MARKOFF
2023DANZINGER & MARKOFF

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,957 · 0.95%
2023$5,348 · 0.12%
2022Not separately reported
Similar plansWholesale Trade · New Jersey
Pacor, Inc. NJ$6.9M · 0.44%
Penny Plate, LLC NJ$6.7M · 1.25%
Auto Mall 46, Inc. NJ$5.5M · 1.61%
Unique Designs,Inc. NJ$5.3M · 0.66%
Dynarex Corporation NJ$5.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132790481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.