2023 Form 5500 filing — State Utility Contractors, Inc. 401(K) Profit Sharing 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 20241014111553NAL0014826211001) for State Utility Contractors, Inc. 401(K) Profit Sharing Plan, reported by State Utility Contractors, Inc. under EIN 56-1444827 and plan number 001. It reports 184 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014111553NAL0014826211001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- State Utility Contractors, Inc.
- EIN
- 56-1444827
- Plan number
- 001
- Location
- Monroe, NC
- Participants
- 184
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,164,515
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,164,515
- Employer contributions
- $275,373
- Participant contributions
- $713,593
- Total income / additions
- $3,183,043
- Benefits paid
- $899,616
- Administrative expenses
- $81,233
- Total expenses
- $1,001,369
- Net increase / (decrease)
- $2,181,674
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| United Capital Fin. Advisers | INVESTMENT MANAGEMENT | $41,137 | not reported in the loaded dataset |
| John Hancock Life Insurance Company | RECORDKEEPER | $456 | not reported in the loaded dataset |