401(k)
2022 plan-year 401(k) DOL Form 5500

X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

X-ACT FINISH & TRIM INC

This 401(k) plan holds $432K in total assets and serves 185 participants as of 2022. It is sponsored by X-ACT FINISH & TRIM INC in California. The plan reported positive net income of $164K for the year.

Total Assets (2023)
$432K
Participants
185
State
Industry
Construction

What the Filing Says About X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST

X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST is a 401(k) retirement plan sponsored by X-ACT FINISH & TRIM INC, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $432K in total end-of-year assets and covers 185 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 562323588, and the plan has been effective since 2020-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $268K at the beginning of 2022 to $432K at year-end — a gain of 61.2%. Net assets (after liabilities) closed the year at $432K, with reported net income of $164K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$268K
Total Assets (End of Year)$432K
Net Assets (End of Year)$432K
Net Income$164K
Plan Type401(k)
Employer EIN562323588
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (X-ACT FINISH & TRIM INC)

Year Plans Participants Total Assets
2022 1 185 $432K
2023 1 176 $710K
2024 1 158 $967K

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Frequently Asked Questions

How much money is in the X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST?
As of the 2022 Form 5500 filing, X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST holds $432K in total assets with 185 participants. It is sponsored by X-ACT FINISH & TRIM INC.
What type of plan is X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST?
X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST is a 401(k) plan. It has been effective since 2020-01-01. The plan is filed with the U.S. Department of Labor under EIN 562323588.
Who sponsors the X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST?
X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST is sponsored by X-ACT FINISH & TRIM INC, located in California. The sponsor's EIN is 562323588 and the plan operates in the Construction industry.
How did X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST perform in 2022?
X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST grew by 61.2% during 2022, moving from $268K to $432K in total assets. Net income was $164K.
Where can I find official filings for X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST?
Official Form 5500 filings for X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 562323588 or plan name at efast.dol.gov.
How does X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST compare to other plans?
You can compare X-ACT FINISH & TRIM INC 401(K) PROFIT SHARING PLAN & TRUST against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 562323588.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.