2023 Form 5500 filing — Basler Electric 401k 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 20240816150438NAL0014431137001) for Basler Electric 401k Plan, reported by Basler Electric Company under EIN 37-0628928 and plan number 003. It reports 391 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$62.2MReported net assets$62,179,348
Participants391
Provider compensation$5.1K1 Schedule C row(s)$5,051
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240816150438NAL0014431137001
Plan sponsor
Basler Electric Company
EIN
37-0628928
Plan number
003
Location
Highland, IL
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

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

Reported balance (end of year)$62.2M total assets
Net assets$62.2MLiabilities$0
Money in vs. money out
Total income / additions$14.7M
Total expenses$5M
Benefits paid / distributions$5M
Contributions
Employer$654.6K
Participant$2.6M
Full reported line items
Total assets (EOY)
$62,179,348
Total liabilities (EOY)
$0
Net assets (EOY)
$62,179,348
Employer contributions
$654,610
Participant contributions
$2,597,895
Total income / additions
$14,672,318
Benefits paid
$5,015,502
Administrative expenses
$5,051
Total expenses
$5,020,553
Net increase / (decrease)
$9,651,765

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Fidelity Investments InstitutionalRECORDKEEPER$5,051$0

Related Form 5500 pages