Basler Electric 401k Plan — Form 5500 plan (Basler Electric 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, Basler Electric 401k Plan is a benefit plan reported by Basler Electric Company under EIN 37-0628928 and plan number 003. The latest loaded filing year is 2023. The filing reports 391 participants and $62,179,348 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$62.2MPlan net assets, end of year$62,179,348
Participants391Covered participants reported
Assets / participant$159KComputed: assets ÷ participants$159,026 (computed)
Provider compensation$5.1K1 Schedule C provider row(s)$5,051
- Plan sponsor
- Basler Electric Company
- EIN
- 37-0628928
- Plan number
- 003
- Plan type
- 2
- Location
- Highland, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 391 | H, C | 20240816150438NAL0014431137001 |
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)$62.2M total assets
Net assets$62.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $62,179,348
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $62,179,348
- Net assets (BOY)
- $52,513,539
Income & contributions
- Employer contributions
- $654,610
- Participant contributions
- $2,597,895
- Total contributions
- $3,290,560
- Total income / additions
- $14,672,318
Expenses & distributions
- Benefits paid
- $5,015,502
- Administrative expenses
- $5,051
- Total expenses
- $5,020,553
- Net increase / (decrease)
- $9,651,765
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.
20%80%
Employer 20%Participant 80%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income34%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $5,051 | $0 | 2023 |