Schilling Paradise Corp. 401(K) Prevailing Wage Plan — Form 5500 plan (Schilling Paradise Corp.)
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, Schilling Paradise Corp. 401(K) Prevailing Wage Plan is a benefit plan reported by Schilling Paradise Corp. under EIN 27-0601673 and plan number 002. The latest loaded filing year is 2023. The filing reports 372 participants and $6,586,857 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6.6MPlan net assets, end of year$6,563,189
Participants372Covered participants reported
Assets / participant$17.7KComputed: assets ÷ participants$17,707 (computed)
Provider compensation$84.9K3 Schedule C provider row(s)$84,876
- Plan sponsor
- Schilling Paradise Corp.
- EIN
- 27-0601673
- Plan number
- 002
- Plan type
- 2
- Location
- El Cajon, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 372 | H, C | 20241015192950NAL0015319555001 |
Schedule H · 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)$6.6M total assets
Net assets$6.6MLiabilities$23.7K
Full reported line items
Net assets
- Total assets (EOY)
- $6,586,857
- Total liabilities (EOY)
- $23,668
- Net assets (EOY)
- $6,563,189
- Net assets (BOY)
- $5,439,188
Income & contributions
- Employer contributions
- $326,829
- Participant contributions
- $602,478
- Total contributions
- $934,215
- Total income / additions
- $1,756,509
Expenses & distributions
- Benefits paid
- $507,770
- Administrative expenses
- $84,685
- Total expenses
- $632,508
- Net increase / (decrease)
- $1,124,001
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.
35%65%
Employer 35%Participant 65%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance | CONTRACT ADMINISTRATOR | $84,876 | $0 | 2023 |
| Independent Financial Grou, Inc. | OTHER SERVICES | $0 | $0 | 2023 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Schilling Paradise Corp.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in El Cajon, CA
- Principal Life Insurance — Schedule C compensation
- Independent Financial Grou, Inc. — Schedule C compensation
- Wilshire Associates Incorporated — Schedule C compensation