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, Summit Handling Systems, Inc.401(K) Profit Sharing Plan is a benefit plan reported by Summit Handling Systems, Inc. under EIN 06-0789485 and plan number 001. The latest loaded filing year is 2023. The filing reports 155 participants and $11,208,714 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,208,714
- Net assets (EOY)
- $11,208,714
- Net assets (BOY)
- $9,686,343
Income & contributions
- Employer contributions
- $236,872
- Participant contributions
- $769,043
- Total contributions
- $1,014,843
- Total income / additions
- $2,495,677
Expenses & distributions
- Benefits paid
- $967,756
- Administrative expenses
- $5,550
- Total expenses
- $973,306
- Net increase / (decrease)
- $1,522,371