Newkirk Electric Associates, Inc. 401(K) Profit-Sharing Plan — Form 5500 plan (Newkirk Electric Associates, Inc.)

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, Newkirk Electric Associates, Inc. 401(K) Profit-Sharing Plan is a benefit plan reported by Newkirk Electric Associates, Inc. under EIN 38-1717811 and plan number 001. The latest loaded filing year is 2023. The filing reports 205 participants and $30,598,905 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Newkirk Electric Associates, Inc.
EIN
38-1717811
Plan number
001
Plan type
2
Location
Muskegon, MI
Latest filing year
2023
Participants
205
End-of-year plan assets
$30,598,905

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023205H, C20241015112929NAL0029406033001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$30,598,905
Total liabilities (EOY)
$0
Net assets (EOY)
$30,598,905
Net assets (BOY)
$26,045,362

Income & contributions

Employer contributions
$1,766,946
Participant contributions
$897,023
Total contributions
$2,791,460
Total income / additions
$7,103,456

Expenses & distributions

Benefits paid
$2,509,819
Administrative expenses
$40,094
Total expenses
$2,549,913
Net increase / (decrease)
$4,553,543

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Chesme Capital ManagementNONE$26,807$02023
Alerus Financial, N.A.NONE$13,287$02023

Related Form 5500 pages