Glenwood Electric, Inc. Employee Stock Ownership Plan — Form 5500 plan (Glenwood 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, Glenwood Electric, Inc. Employee Stock Ownership Plan is a benefit plan reported by Glenwood Electric, Inc. under EIN 31-0913270 and plan number 002. The latest loaded filing year is 2023. The filing reports 156 participants and $13,149,000 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Glenwood Electric, Inc.
- EIN
- 31-0913270
- Plan number
- 002
- Plan type
- 2
- Location
- Walton, KY
- Latest filing year
- 2023
- Participants
- 156
- End-of-year plan assets
- $13,149,000
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 156 | H | 20241014073752NAL0045221312001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,149,000
- Total liabilities (EOY)
- $22,374,115
- Net assets (EOY)
- -$9,225,115
- Net assets (BOY)
- -$17,344,588
Income & contributions
- Employer contributions
- $1,091,615
- Total contributions
- $1,091,615
- Total income / additions
- $8,597,615
Expenses & distributions
- Benefits paid
- $0
- Administrative expenses
- $0
- Total expenses
- $478,142
- Net increase / (decrease)
- $8,119,473
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.