2023 Form 5500 filing — Oilmen'S Equipment Corporation Profit Sharing And 401(K) Savings 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 20241014170838NAL0026797825001) for Oilmen'S Equipment Corporation Profit Sharing And 401(K) Savings Plan, reported by Oilmen'S Equipment Corporation under EIN 57-0667804 and plan number 001. It reports 145 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)$15.3MReported net assets$15,327,594
Participants145
Provider compensation$55.4K2 Schedule C row(s)$55,421
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014170838NAL0026797825001
- Plan sponsor
- Oilmen'S Equipment Corporation
- EIN
- 57-0667804
- Plan number
- 001
- Location
- Spartanburg, SC
- 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)$15.3M total assets
Net assets$15.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $15,327,594
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,327,594
- Employer contributions
- $355,139
- Participant contributions
- $709,505
- Total income / additions
- $3,403,871
- Benefits paid
- $1,814,061
- Administrative expenses
- $55,922
- Total expenses
- $1,877,958
- Net increase / (decrease)
- $1,525,913
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Synovus Trust Company | INVESTMENT ADVISOR | $31,659 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $23,762 | $0 |