2023 Form 5500 filing — Design Electric, Inc. Employees' Retirement 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 20240926075300NAL0000353809001) for Design Electric, Inc. Employees' Retirement Plan, reported by Design Electric, Inc. under EIN 54-1232883 and plan number 002. It reports 233 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)$6.3MReported net assets$6,286,969
Participants233
Provider compensation$15.4K2 Schedule C row(s)$15,396
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240926075300NAL0000353809001
Plan sponsor
Design Electric, Inc.
EIN
54-1232883
Plan number
002
Location
Charlottesville, VA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$6.3M total assets
Net assets$6.3MLiabilities$0
Money in vs. money out
Total income / additions$1.7M
Total expenses$1.1M
Benefits paid / distributions$1.1M
Contributions
Employer$125.1K
Participant$518K
Full reported line items
Total assets (EOY)
$6,286,969
Total liabilities (EOY)
$0
Net assets (EOY)
$6,286,969
Employer contributions
$125,082
Participant contributions
$517,963
Total income / additions
$1,662,889
Benefits paid
$1,086,418
Administrative expenses
$15,396
Total expenses
$1,103,176
Net increase / (decrease)
$559,713
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    ADVISOR · Direct $8.9K
  2. 2
    PLAN ADMINISTRATOR · Direct $6.5K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240926075300NAL0000353809001 cover?
It is the 2023 Form 5500 filing for Design Electric, Inc. Employees' Retirement Plan, reported by Design Electric, Inc. (EIN 54-1232883).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages