2023 Form 5500 filing — The State Chemical Manufacturing Company Employee Benefit 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 20241015191046NAL0057809298001) for The State Chemical Manufacturing Company Employee Benefit Plan, reported by State Industrial Products Corporation under EIN 34-0552740 and plan number 503. It reports 682 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015191046NAL0057809298001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- State Industrial Products Corporation
- EIN
- 34-0552740
- Plan number
- 503
- Location
- Mayfield Heights, OH
- Participants
- 682
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,308,495
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,308,495
- Employer contributions
- $5,141,615
- Participant contributions
- $2,241,178
- Total income / additions
- $7,382,793
- Benefits paid
- $7,095,331
- Administrative expenses
- $0
- Total expenses
- $7,095,331
- Net increase / (decrease)
- $287,462
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cigna Health And Life Insurance Com | CLAIM ADMIN & RELATED SVC | $281,747 | $0 |
| James B Oswald Company | AGENT/AGENCY | $87,560 | $6,358 |
| Delta Dental Of Ohio | BENEFIT ADMINISTRATOR | $18,534 | $0 |