2023 Form 5500 filing — Flanders Electric Motor Service, LLC 401(K) Profit Sharning 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 20241014135657NAL0044775168001) for Flanders Electric Motor Service, LLC 401(K) Profit Sharning Plan, reported by Flanders Electric Motor Svc under EIN 35-1072135 and plan number 001. It reports 718 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)$47.6MReported net assets$47,550,019
Participants718
Provider compensation$153.5K2 Schedule C row(s)$153,536
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014135657NAL0044775168001
Plan sponsor
Flanders Electric Motor Svc
EIN
35-1072135
Plan number
001
Location
Evansville, IN
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)$47.6M total assets
Net assets$47.6MLiabilities$0
Money in vs. money out
Total income / additions$10.9M
Total expenses$6M
Benefits paid / distributions$5.8M
Contributions
Employer$1.1M
Participant$3.4M
Full reported line items
Total assets (EOY)
$47,550,019
Total liabilities (EOY)
$0
Net assets (EOY)
$47,550,019
Employer contributions
$1,119,519
Participant contributions
$3,415,496
Total income / additions
$10,868,514
Benefits paid
$5,822,545
Administrative expenses
$153,568
Total expenses
$5,976,113
Net increase / (decrease)
$4,892,401
Schedule C

Reported service provider compensation

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

  1. 1
    RECORDKEEPER · Direct $100.5K · Indirect $0
  2. 2
    NONE · Direct $53K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014135657NAL0044775168001 cover?
It is the 2023 Form 5500 filing for Flanders Electric Motor Service, LLC 401(K) Profit Sharning Plan, reported by Flanders Electric Motor Svc (EIN 35-1072135).
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