2023 Form 5500 filing — Sechan Electronics, Inc. Employee Stock Ownership 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 20241011160759NAL0012738019001) for Sechan Electronics, Inc. Employee Stock Ownership Plan, reported by Sechan Electronics, Inc. under EIN 23-2336672 and plan number 002. It reports 413 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).
- EFAST2 acknowledgement
- 20241011160759NAL0012738019001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sechan Electronics, Inc.
- EIN
- 23-2336672
- Plan number
- 002
- Location
- Lititz, PA
- Participants
- 413
- Schedules available
- Schedule H
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $43,102,447
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $43,102,447
- Employer contributions
- $1,816,217
- Total income / additions
- $6,986,671
- Benefits paid
- $2,396,380
- Administrative expenses
- $0
- Total expenses
- $2,396,380
- Net increase / (decrease)
- $4,590,291
- Schedule source
- Schedule H