Electro Impulse Laboratory, Inc. Employees' Profit Sharing Plan — Form 5500 plan (Electro Impulse Laboratory, Inc.)

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, Electro Impulse Laboratory, Inc. Employees' Profit Sharing Plan is a benefit plan reported by Electro Impulse Laboratory, Inc. under EIN 21-0652430 and plan number 001. The latest loaded filing year is 2023. The filing reports 50 participants and $8,905,451 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.9MPlan net assets, end of year$8,905,451
Participants50Covered participants reported
Assets / participant$178.1KComputed: assets ÷ participants$178,109 (computed)
Provider compensationNone reported
Plan sponsor
Electro Impulse Laboratory, Inc.
EIN
21-0652430
Plan number
001
Plan type
2
Location
Neptune, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202350I20241217121515NAL0001539027001
Schedule I · 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)$8.9M total assets
Net assets$8.9MLiabilities
Money in vs. money out
Total income / additions$1.5M
Total expenses$676.1K
Benefits paid / distributions$670.1K
Contributions
Employer$350K
Participant$222.4K
Full reported line items

Net assets

Total assets (EOY)
$8,905,451
Net assets (EOY)
$8,905,451
Net assets (BOY)
$8,041,281

Income & contributions

Employer contributions
$350,000
Participant contributions
$222,381
Total income / additions
$1,540,268

Expenses & distributions

Benefits paid
$670,079
Administrative expenses
$6,019
Total expenses
$676,098
Net increase / (decrease)
$864,170
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.

Contribution share (employer vs. participant)
Employer 61%Participant 39%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income44%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages