2023 Form 5500 filing — Richardson Electronics, Ltd. Employees Profit Sharing Plan And Trust Agreement
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 20240926171659NAL0002135026001) for Richardson Electronics, Ltd. Employees Profit Sharing Plan And Trust Agreement, reported by Richardson Electronics, Ltd. under EIN 36-2096643 and plan number 001. It reports 448 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926171659NAL0002135026001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Richardson Electronics, Ltd.
- EIN
- 36-2096643
- Plan number
- 001
- Location
- Lafox, IL
- Participants
- 448
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $49,410,301
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $49,410,301
- Employer contributions
- $831,474
- Participant contributions
- $2,810,634
- Total income / additions
- $13,269,904
- Benefits paid
- $4,818,231
- Administrative expenses
- $94,608
- Total expenses
- $4,912,839
- Net increase / (decrease)
- $8,357,065
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $35,727 | $0 |
| Cherry Bekaert | ACCOUNTANT/AUDITOR | $15,000 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $10,970 | not reported in the loaded dataset |