Adco Employee Stock Ownership Plan — Form 5500 plan (Adco Electrical Corp.)
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, Adco Employee Stock Ownership Plan is a benefit plan reported by Adco Electrical Corp. under EIN 13-2913649 and plan number 003. The latest loaded filing year is 2023. The filing reports 50 participants and $21,469,896 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Adco Electrical Corp.
- EIN
- 13-2913649
- Plan number
- 003
- Plan type
- 2
- Location
- Staten Island, NY
- Latest filing year
- 2023
- Participants
- 50
- End-of-year plan assets
- $21,469,896
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 50 | I | 20240607121721NAL0047931698001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $21,469,896
- Total liabilities (EOY)
- $15,956,343
- Net assets (EOY)
- $5,513,553
- Net assets (BOY)
- -$3,191,462
Income & contributions
- Employer contributions
- $1,036,896
- Total income / additions
- $9,108,776
Expenses & distributions
- Total expenses
- $403,761
- Net increase / (decrease)
- $8,705,015
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.