The Beaver Excavating Company Profit Sharing Plan — Form 5500 plan (The Beaver Excavating Company)
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, The Beaver Excavating Company Profit Sharing Plan is a benefit plan reported by The Beaver Excavating Company under EIN 34-0905531 and plan number 001. The latest loaded filing year is 2023. The filing reports 246 participants and $40,677,276 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Beaver Excavating Company
- EIN
- 34-0905531
- Plan number
- 001
- Plan type
- 2
- Location
- Canton, OH
- Latest filing year
- 2023
- Participants
- 246
- End-of-year plan assets
- $40,677,276
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 246 | H, C | 20250516072333NAL0020142177001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $40,677,276
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $40,677,276
- Net assets (BOY)
- $34,959,366
Income & contributions
- Employer contributions
- $1,368,942
- Participant contributions
- $1,538,158
- Total contributions
- $2,923,274
- Total income / additions
- $11,825,010
Expenses & distributions
- Benefits paid
- $6,107,100
- Administrative expenses
- $0
- Total expenses
- $6,107,100
- Net increase / (decrease)
- $5,717,910
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| T Rowe Price | NONE | $510 | $0 | 2023 |