Claypool Electric, Inc Savings Incentive Plan — Form 5500 plan (Claypool Electric, 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, Claypool Electric, Inc Savings Incentive Plan is a benefit plan reported by Claypool Electric, Inc under EIN 31-0831061 and plan number 003. The latest loaded filing year is 2023. The filing reports 329 participants and $34,079,930 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Claypool Electric, Inc
EIN
31-0831061
Plan number
003
Plan type
2
Location
Lancaster, OH
Latest filing year
2023
Participants
329
End-of-year plan assets
$34,079,930

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023329H, C20241010143420NAL0021257713001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$34,079,930
Total liabilities (EOY)
$0
Net assets (EOY)
$34,079,930
Net assets (BOY)
$27,340,802

Income & contributions

Employer contributions
$2,672,403
Participant contributions
$881,578
Total contributions
$3,584,868
Total income / additions
$8,527,955

Expenses & distributions

Benefits paid
$1,667,445
Administrative expenses
$121,382
Total expenses
$1,788,827
Net increase / (decrease)
$6,739,128

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Park National BankNONE$112,306not reported in the loaded dataset2023

Related Form 5500 pages