2023 Form 5500 filing — Elastec, Inc. 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 20241015074452NAL0027776177001) for Elastec, Inc. Employee Stock Ownership Plan, reported by Elastec, Inc. under EIN 37-1264086 and plan number 002. It reports 88 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)-$11MReported net assets-$10,960,880
Participants88
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20241015074452NAL0027776177001
Plan sponsor
Elastec, Inc.
EIN
37-1264086
Plan number
002
Location
Carmi, IL
Received date
not reported in the loaded dataset
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$1.7M total assets
Net assets-$11MLiabilities$12.7M
Money in vs. money out
Total income / additions-$11M
Total expenses$0
Benefits paid / distributions$0
Contributions
Employer$1.1M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$1,709,221
Total liabilities (EOY)
$12,670,101
Net assets (EOY)
-$10,960,880
Employer contributions
$1,109,221
Total income / additions
-$10,960,880
Benefits paid
$0
Total expenses
$0
Net increase / (decrease)
-$10,960,880

Related Form 5500 pages