Plain-English plan 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, New England Utility Constructors, Inc. 401(K) & Profit Sharing Plan is a benefit plan reported by New England Utility Constructors, Inc. under EIN 04-2512786 and plan number 002. The latest loaded filing year is 2023. The filing reports 517 participants and $50,812,191 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $50,812,191
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $50,812,191
- Net assets (BOY)
- $47,154,450
Income & contributions
- Employer contributions
- $2,666,404
- Participant contributions
- $2,261,821
- Total contributions
- $4,928,225
- Total income / additions
- $11,507,344
Expenses & distributions
- Benefits paid
- $7,781,919
- Administrative expenses
- $67,684
- Total expenses
- $7,849,603
- Net increase / (decrease)
- $3,657,741