Iec Corporation Employee Stock Ownership Plan — Form 5500 plan (Iec 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, Iec Corporation Employee Stock Ownership Plan is a benefit plan reported by Iec Corporation under EIN 33-0807482 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,775 participants and $207,578,020 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$141.4MPlan net assets, end of year$141,389,841
Participants1.8KCovered participants reported1,775
Assets / participant$116.9KComputed: assets ÷ participants$116,945 (computed)
Provider compensationNone reported
Plan sponsor
Iec Corporation
EIN
33-0807482
Plan number
003
Plan type
2
Location
Irvine, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,775H20241203121106NAL0002866657001
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)$207.6M total assets
Net assets$141.4MLiabilities$66.2M
Money in vs. money out
Total income / additions-$48.8M
Total expenses$1.5M
Benefits paid / distributions$8K
Contributions
Employer$2.7M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$207,578,020
Total liabilities (EOY)
$66,188,179
Net assets (EOY)
$141,389,841
Net assets (BOY)
$191,733,067

Income & contributions

Employer contributions
$2,743,928
Total contributions
$2,743,928
Total income / additions
-$48,844,665

Expenses & distributions

Benefits paid
$8,016
Administrative expenses
$270
Total expenses
$1,498,561
Net increase / (decrease)
-$50,343,226
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.

Total expenses ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages