Reed Oil Company 401(K) Profit Sharing Plan — Form 5500 plan (Reed Oil Company)
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, Reed Oil Company 401(K) Profit Sharing Plan is a benefit plan reported by Reed Oil Company under EIN 25-1323899 and plan number 001. The latest loaded filing year is 2023. The filing reports 162 participants and $15,473,520 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Reed Oil Company
- EIN
- 25-1323899
- Plan number
- 001
- Plan type
- 2
- Location
- New Castle, PA
- Latest filing year
- 2023
- Participants
- 162
- End-of-year plan assets
- $15,473,520
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 162 | H, C | 20240523104122NAL0005081217001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,473,520
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,473,520
- Net assets (BOY)
- $14,206,941
Income & contributions
- Employer contributions
- $268,533
- Participant contributions
- $505,753
- Total contributions
- $857,068
- Total income / additions
- $3,242,855
Expenses & distributions
- Benefits paid
- $1,932,040
- Administrative expenses
- $44,236
- Total expenses
- $1,976,276
- Net increase / (decrease)
- $1,266,579
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners | NONE | $28,846 | not reported in the loaded dataset | 2023 |
| The Vanguard Group, Inc. | NONE | $15,390 | $0 | 2023 |