2023 Form 5500 filing — Inline Electric 401(K) Plan And Trust

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 20241014144017NAL0026437953001) for Inline Electric 401(K) Plan And Trust, reported by Inline Electric Supply Co., Inc. under EIN 63-0979197 and plan number 001. It reports 335 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)$22.5MReported net assets$22,521,963
Participants335
Provider compensation$50.1K2 Schedule C row(s)$50,054
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014144017NAL0026437953001
Plan sponsor
Inline Electric Supply Co., Inc.
EIN
63-0979197
Plan number
001
Location
Huntsville, AL
Received date
not reported in the loaded dataset
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)$22.5M total assets
Net assets$22.5MLiabilities$0
Money in vs. money out
Total income / additions$5.2M
Total expenses$1.2M
Benefits paid / distributions$1.1M
Contributions
Employer$358
Participant$2M
Full reported line items
Total assets (EOY)
$22,521,963
Total liabilities (EOY)
$0
Net assets (EOY)
$22,521,963
Employer contributions
$358
Participant contributions
$1,957,062
Total income / additions
$5,201,520
Benefits paid
$1,133,300
Administrative expenses
$50,054
Total expenses
$1,183,354
Net increase / (decrease)
$4,018,166

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Providence Wealth Advisors LLCADVISOR$47,129not reported in the loaded dataset
Fidelity Investments InstitutionalRECORDKEEPER$2,925$0

Related Form 5500 pages