2023 Form 5500 filing — J Ranck Electric, Inc. Employees' Profit Sharing 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 20241015171416NAL0015152291001) for J Ranck Electric, Inc. Employees' Profit Sharing Plan, reported by J Ranck Electric, Inc. under EIN 38-2677797 and plan number 001. It reports 121 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015171416NAL0015152291001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- J Ranck Electric, Inc.
- EIN
- 38-2677797
- Plan number
- 001
- Location
- Mt. Pleasant, MI
- Participants
- 121
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,360,624
- Total liabilities (EOY)
- $5,320
- Net assets (EOY)
- $18,355,304
- Employer contributions
- $1,818,788
- Participant contributions
- $509,165
- Total income / additions
- $5,011,083
- Benefits paid
- $394,988
- Administrative expenses
- $63,427
- Total expenses
- $458,415
- Net increase / (decrease)
- $4,552,668
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Huntington National Bank | NONE | $59,376 | not reported in the loaded dataset |
| Epic Retirement Plan Services | NONE | $4,050 | $0 |