Schorn Construction Employee Stock Ownership Plan — Form 5500 plan (Schorn Construction Co., 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, Schorn Construction Employee Stock Ownership Plan is a benefit plan reported by Schorn Construction Co., Inc. under EIN 23-2484890 and plan number 002. The latest loaded filing year is 2023. The filing reports 18 participants and $491,133 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Schorn Construction Co., Inc.
- EIN
- 23-2484890
- Plan number
- 002
- Plan type
- 2
- Location
- Downingtown, PA
- Latest filing year
- 2023
- Participants
- 18
- End-of-year plan assets
- $491,133
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 18 | I | 20240617092053NAL0001783456001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $491,133
- Total liabilities (EOY)
- $2,942,241
- Net assets (EOY)
- -$2,451,108
- Net assets (BOY)
- -$2,213,468
Income & contributions
- Employer contributions
- $134,514
- Total income / additions
- -$165,487
Expenses & distributions
- Benefits paid
- $217
- Total expenses
- $72,153
- Net increase / (decrease)
- -$237,640
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.