2023 Form 5500 filing — Power Systems & Controls, Inc. Employee Stock Ownership And Savings 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 20250807190117NAL0003724337001) for Power Systems & Controls, Inc. Employee Stock Ownership And Savings Plan, reported by Power Systems & Controls, Inc. under EIN 54-0790452 and plan number 002. It reports 157 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$9.9MReported net assets$9,915,962
Participants157
Provider compensation$23.8K2 Schedule C row(s)$23,794
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20250807190117NAL0003724337001
- Plan sponsor
- Power Systems & Controls, Inc.
- EIN
- 54-0790452
- Plan number
- 002
- Location
- Henrico, VA
- Received date
- not reported in the loaded dataset
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)$9.9M total assets
Net assets$9.9MLiabilities$2.3K
Full reported line items
- Total assets (EOY)
- $9,918,240
- Total liabilities (EOY)
- $2,278
- Net assets (EOY)
- $9,915,962
- Employer contributions
- $95,759
- Participant contributions
- $217,716
- Total income / additions
- $812,038
- Benefits paid
- $868,857
- Administrative expenses
- $22,473
- Total expenses
- $895,676
- Net increase / (decrease)
- -$83,638
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners, LLC | INVESTMENT ADVISORY | $15,210 | $2 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $8,582 | $0 |