2023 Form 5500 filing — Circuit Electric 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 20240917135035NAL0004133280001) for Circuit Electric 401(K) Plan, reported by Circuit Electric, Inc. under EIN 38-2219963 and plan number 002. It reports 137 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240917135035NAL0004133280001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Circuit Electric, Inc.
- EIN
- 38-2219963
- Plan number
- 002
- Location
- Byron Center, MI
- Participants
- 137
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,778,064
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,778,064
- Employer contributions
- $171,959
- Participant contributions
- $303,615
- Total income / additions
- $1,266,150
- Benefits paid
- $211,990
- Administrative expenses
- $26,778
- Total expenses
- $238,768
- Net increase / (decrease)
- $1,027,382
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wells Fargo Clearing Services, LLC | INVESTMENT ADVISORY | $16,025 | not reported in the loaded dataset |
| Nationwide | RECORDKEEPER | $9,629 | $4,361 |
| Kdp Retirement Plan Services, Inc | 3RD PARTY ADMINISTRATOR | $1,125 | not reported in the loaded dataset |