Basler Electric Highland Manufacturing 401(K) 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 Highland Manufacturing 401(K) Plan is a benefit plan reported by Basler Electric Company under EIN 37-0628928 and plan number 004. The latest loaded filing year is 2023. The filing reports 120 participants and $5,146,287 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.1MPlan net assets, end of year$5,146,287
Participants120Covered participants reported
Assets / participant$42.9KComputed: assets ÷ participants$42,886 (computed)
Provider compensation$1.4K1 Schedule C provider row(s)$1,450
- Plan sponsor
- Basler Electric Company
- EIN
- 37-0628928
- Plan number
- 004
- Plan type
- 2
- Location
- Highland, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 120 | H, C | 20240816152432NAL0014762321001 |
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)$5.1M total assets
Net assets$5.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $5,146,287
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,146,287
- Net assets (BOY)
- $4,863,417
Income & contributions
- Employer contributions
- $123,650
- Participant contributions
- $117,506
- Total contributions
- $241,156
- Total income / additions
- $1,165,198
Expenses & distributions
- Benefits paid
- $866,834
- Administrative expenses
- $1,450
- Total expenses
- $868,284
- Net increase / (decrease)
- $296,914
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.
51%49%
Employer 51%Participant 49%
Total expenses ÷ net assets17%Computed ratio
Benefits paid ÷ total income74%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $1,450 | $0 | 2023 |