Sechan Electronics, Inc. Employee Stock Ownership Plan — Form 5500 plan (Sechan Electronics, 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, Sechan Electronics, Inc. Employee Stock Ownership Plan is a benefit plan reported by Sechan Electronics, Inc. under EIN 23-2336672 and plan number 002. The latest loaded filing year is 2023. The filing reports 413 participants and $43,102,447 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sechan Electronics, Inc.
- EIN
- 23-2336672
- Plan number
- 002
- Plan type
- 2
- Location
- Lititz, PA
- Latest filing year
- 2023
- Participants
- 413
- End-of-year plan assets
- $43,102,447
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 413 | H | 20241011160759NAL0012738019001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $43,102,447
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $43,102,447
- Net assets (BOY)
- $38,512,156
Income & contributions
- Employer contributions
- $1,816,217
- Total contributions
- $1,816,217
- Total income / additions
- $6,986,671
Expenses & distributions
- Benefits paid
- $2,396,380
- Administrative expenses
- $0
- Total expenses
- $2,396,380
- Net increase / (decrease)
- $4,590,291
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.