2023 Form 5500 filing — Scott Electric Company, Inc. Profit Sharing 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240711095926NAL0015985921001) for Scott Electric Company, Inc. Profit Sharing 401(K) Plan, reported by Scott Electric Company, Inc. under EIN 64-0476728 and plan number 001. It reports 15 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$232.6KReported net assets$232,604
Participants15
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240711095926NAL0015985921001
Plan sponsor
Scott Electric Company, Inc.
EIN
64-0476728
Plan number
001
Location
Greenville, MS
Received date
not reported in the loaded dataset
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$232.6K total assets
Net assets$232.6KLiabilities$0
Money in vs. money out
Total income / additions$79.1K
Total expenses$563.2K
Benefits paid / distributions$561.3K
Contributions
Employer$7.5K
Participant$6.6K
Full reported line items
Total assets (EOY)
$232,604
Total liabilities (EOY)
$0
Net assets (EOY)
$232,604
Employer contributions
$7,531
Participant contributions
$6,583
Total income / additions
$79,102
Benefits paid
$561,291
Administrative expenses
$1,885
Total expenses
$563,176
Net increase / (decrease)
-$484,074

Related Form 5500 pages