2023 Form 5500 filing — New England Controls 401k 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 20241014162834NAL0046807024001) for New England Controls 401k Plan, reported by New England Controls, Inc. under EIN 04-2389826 and plan number 002. It reports 521 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014162834NAL0046807024001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- New England Controls, Inc.
- EIN
- 04-2389826
- Plan number
- 002
- Location
- Foxborough, MA
- Participants
- 521
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $38,586,430
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $38,586,430
- Participant contributions
- $3,806,365
- Total income / additions
- $11,233,709
- Benefits paid
- $6,203,510
- Administrative expenses
- $32,562
- Total expenses
- $6,237,764
- Net increase / (decrease)
- $4,995,945
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley | OTHER SERVICES | $0 | $54,943 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $32,562 | $0 |