Desco Corporation Thrift Plan & Trust — Form 5500 plan (Desco Corporation)
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, Desco Corporation Thrift Plan & Trust is a benefit plan reported by Desco Corporation under EIN 31-0869325 and plan number 001. The latest loaded filing year is 2023. The filing reports 939 participants and $34,252,483 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Desco Corporation
- EIN
- 31-0869325
- Plan number
- 001
- Plan type
- 2
- Location
- New Albany, OH
- Latest filing year
- 2023
- Participants
- 939
- End-of-year plan assets
- $34,252,483
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 939 | H, C | 20241009095352NAL0036661954001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $34,252,483
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,252,483
- Net assets (BOY)
- $32,340,088
Income & contributions
- Employer contributions
- $784,851
- Participant contributions
- $1,942,068
- Total contributions
- $2,937,722
- Total income / additions
- $8,171,861
Expenses & distributions
- Benefits paid
- $6,165,164
- Administrative expenses
- $94,561
- Total expenses
- $6,322,332
- Net increase / (decrease)
- $1,849,529
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $67,836 | $0 | 2023 |
| Noyes Advisors LLC | INVESTMENT/FINANCIAL ADVI | $50,975 | $0 | 2023 |