Overhead Conveyor Co. 401(K) Plan And Trust — Form 5500 plan (Overhead Conveyor Co)

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, Overhead Conveyor Co. 401(K) Plan And Trust is a benefit plan reported by Overhead Conveyor Co under EIN 38-1234486 and plan number 001. The latest loaded filing year is 2023. The filing reports 63 participants and $12,762,968 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.8MPlan net assets, end of year$12,762,968
Participants63Covered participants reported
Assets / participant$202.6KComputed: assets ÷ participants$202,587 (computed)
Provider compensationNone reported
Plan sponsor
Overhead Conveyor Co
EIN
38-1234486
Plan number
001
Plan type
2
Location
Ferndale, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202363I20240619120941NAL0008640562001
Schedule I · 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)$12.8M total assets
Net assets$12.8MLiabilities$0
Money in vs. money out
Total income / additions$3.8M
Total expenses$588.7K
Benefits paid / distributions$587K
Contributions
Employer$249.7K
Participant$870.6K
Full reported line items

Net assets

Total assets (EOY)
$12,762,968
Total liabilities (EOY)
$0
Net assets (EOY)
$12,762,968
Net assets (BOY)
$9,571,386

Income & contributions

Employer contributions
$249,664
Participant contributions
$870,615
Total income / additions
$3,780,316

Expenses & distributions

Benefits paid
$586,993
Administrative expenses
$1,741
Total expenses
$588,734
Net increase / (decrease)
$3,191,582

Service provider compensation (Schedule C)

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

Related Form 5500 pages