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, North State Electrical Contractors, Inc. 401(K) Plan is a benefit plan reported by North State Electrical Contractors, Inc. under EIN 20-8066743 and plan number 001. The latest loaded filing year is 2023. The filing reports 295 participants and $6,036,223 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,036,223
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,036,223
- Net assets (BOY)
- $4,755,265
Income & contributions
- Employer contributions
- $569,669
- Participant contributions
- $481,568
- Total contributions
- $1,063,673
- Total income / additions
- $1,767,467
Expenses & distributions
- Benefits paid
- $440,451
- Administrative expenses
- $46,058
- Total expenses
- $486,509
- Net increase / (decrease)
- $1,280,958