Plan5500

The Eastern, Velvac & Big 3 401(K) Plan — Form 5500 plan (The Eastern Company)

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, The Eastern, Velvac & Big 3 401(K) Plan is a benefit plan reported by The Eastern Company under EIN 06-0330020 and plan number 009. The latest loaded filing year is 2023. The filing reports 353 participants and $50,460,911 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$50.5MPlan net assets, end of year$50,460,911
Participants353Covered participants reported
Assets / participant$142.9KComputed: assets ÷ participants$142,949 (computed)
Provider compensation$33.4K1 Schedule C provider row(s)$33,425
Plan sponsor
The Eastern Company
EIN
06-0330020
Plan number
009
Plan type
2
Location
Shelton, CT
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    353 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$50.5M total assets
Net assets$50.5MLiabilities$0
Money in vs. money out
Total income / additions$11.1M
Total expenses$5.6M
Benefits paid / distributions$5.5M
Contributions
Employer$1.3M
Participant$2M
Full reported line items

Net assets

Total assets (EOY)
$50,460,911
Total liabilities (EOY)
$0
Net assets (EOY)
$50,460,911
Net assets (BOY)
$27,052,611

Income & contributions

Employer contributions
$1,280,484
Participant contributions
$2,040,714
Total contributions
$3,971,061
Total income / additions
$11,138,140

Expenses & distributions

Benefits paid
$5,515,932
Administrative expenses
$44,768
Total expenses
$5,560,700
Net increase / (decrease)
$5,577,440
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 39%Participant 61%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income50%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Fidelity Investments Institutional$33.4K
    RECORDKEEPER · Direct $33.4K · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the The Eastern, Velvac & Big 3 401(K) Plan?
The Eastern, Velvac & Big 3 401(K) Plan is reported as sponsored by The Eastern Company (EIN 06-0330020, plan number 009) in public Form 5500 filings.
What is the most recent Form 5500 filing year for The Eastern, Velvac & Big 3 401(K) Plan?
The latest Form 5500 filing year loaded for The Eastern, Velvac & Big 3 401(K) Plan is 2023.
How many participants does The Eastern, Velvac & Big 3 401(K) Plan report?
The Eastern, Velvac & Big 3 401(K) Plan reports 353 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for The Eastern, Velvac & Big 3 401(K) Plan?
The Eastern, Velvac & Big 3 401(K) Plan reports $50,460,911 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages