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, Milestone Electric 401(K) Plan is a benefit plan reported by Milestone Electric, Inc. under EIN 20-2597496 and plan number 001. The latest loaded filing year is 2023. The filing reports 645 participants and $7,475,452 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,475,452
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,475,452
- Net assets (BOY)
- $4,980,997
Income & contributions
- Employer contributions
- $622,740
- Participant contributions
- $1,443,057
- Total contributions
- $2,086,703
- Total income / additions
- $3,200,709
Expenses & distributions
- Benefits paid
- $635,456
- Administrative expenses
- $70,798
- Total expenses
- $706,254
- Net increase / (decrease)
- $2,494,455