Mini-Circuits Lab Profit Sharing Plan — Form 5500 plan (Scientific Components Corporation)

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, Mini-Circuits Lab Profit Sharing Plan is a benefit plan reported by Scientific Components Corporation under EIN 11-2161210 and plan number 002. The latest loaded filing year is 2023. The filing reports 592 participants and $21,981,618 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$22MPlan net assets, end of year$21,981,618
Participants592Covered participants reported
Assets / participant$37.1KComputed: assets ÷ participants$37,131 (computed)
Provider compensationNone reported
Plan sponsor
Scientific Components Corporation
EIN
11-2161210
Plan number
002
Plan type
2
Location
Brooklyn, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023592H20241011183535NAL0012856947001
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)$22M total assets
Net assets$22MLiabilities$0
Money in vs. money out
Total income / additions$3.5M
Total expenses$968.6K
Benefits paid / distributions$956.9K
Contributions
Employer$1.2M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$21,981,618
Total liabilities (EOY)
$0
Net assets (EOY)
$21,981,618
Net assets (BOY)
$19,497,322

Income & contributions

Employer contributions
$1,177,362
Total contributions
$1,177,362
Total income / additions
$3,452,878

Expenses & distributions

Benefits paid
$956,871
Administrative expenses
$11,711
Total expenses
$968,582
Net increase / (decrease)
$2,484,296
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.

Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income28%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages