2023 Form 5500 filing — Nep Electronics, Inc. 401(K) 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 20250610115959NAL0011584995001) for Nep Electronics, Inc. 401(K) Profit Sharing Plan, reported by Nep Electronics, Inc. under EIN 36-2920506 and plan number 001. It reports 179 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250610115959NAL0011584995001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nep Electronics, Inc.
- EIN
- 36-2920506
- Plan number
- 001
- Location
- Wood Dale, IL
- Participants
- 179
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,742,744
- Net assets (EOY)
- $4,742,744
- Employer contributions
- $73,600
- Participant contributions
- $230,688
- Total income / additions
- $1,271,112
- Benefits paid
- $91,752
- Administrative expenses
- $23,803
- Total expenses
- $115,555
- Net increase / (decrease)
- $1,155,557
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cornerstone National Bank Trust Co | INVESTMENT MGR | not reported in the loaded dataset | $20,290 |