2023 Form 5500 filing — New River Electrical Corporation Employee Stock Ownership 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 20241014194113NAL0027041345001) for New River Electrical Corporation Employee Stock Ownership Plan, reported by New River Electrical Corporation under EIN 54-0562496 and plan number 001. It reports 478 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$288.7MReported net assets$288,688,714
Participants478
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241014194113NAL0027041345001
Plan sponsor
New River Electrical Corporation
EIN
54-0562496
Plan number
001
Location
Cloverdale, VA
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)$321M total assets
Net assets$288.7MLiabilities$32.3M
Money in vs. money out
Total income / additions$54.1M
Total expenses$19M
Benefits paid / distributions$18.1M
Contributions
Employer$10.5M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$320,954,252
Total liabilities (EOY)
$32,265,538
Net assets (EOY)
$288,688,714
Employer contributions
$10,534,318
Total income / additions
$54,068,586
Benefits paid
$18,097,777
Administrative expenses
$6,551
Total expenses
$18,963,380
Net increase / (decrease)
$35,105,206

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014194113NAL0027041345001 cover?
It is the 2023 Form 5500 filing for New River Electrical Corporation Employee Stock Ownership Plan, reported by New River Electrical Corporation (EIN 54-0562496).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials).

Related Form 5500 pages