Svrc Industries, Inc. Psp And Trust — Form 5500 plan (Svrc Industries, 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, Svrc Industries, Inc. Psp And Trust is a benefit plan reported by Svrc Industries, Inc. under EIN 38-1740297 and plan number 001. The latest loaded filing year is 2023. The filing reports 225 participants and $7,234,678 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.2MPlan net assets, end of year$7,234,678
Participants225Covered participants reported
Assets / participant$32.2KComputed: assets ÷ participants$32,154 (computed)
Provider compensation$14.9K1 Schedule C provider row(s)$14,919
Plan sponsor
Svrc Industries, Inc.
EIN
38-1740297
Plan number
001
Plan type
2
Location
Saginaw, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023225H, C20240923102734NAL0011251969001
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)$7.2M total assets
Net assets$7.2MLiabilities$0
Money in vs. money out
Total income / additions$1.6M
Total expenses$1.1M
Benefits paid / distributions$1M
Contributions
Employer$184.8K
Participant$300.1K
Full reported line items

Net assets

Total assets (EOY)
$7,234,678
Total liabilities (EOY)
$0
Net assets (EOY)
$7,234,678
Net assets (BOY)
$6,716,206

Income & contributions

Employer contributions
$184,759
Participant contributions
$300,089
Total contributions
$488,475
Total income / additions
$1,571,847

Expenses & distributions

Benefits paid
$1,038,456
Administrative expenses
$14,919
Total expenses
$1,053,375
Net increase / (decrease)
$518,472
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.

Contribution share (employer vs. participant)
Employer 38%Participant 62%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income66%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.NONE$14,919$02023

Related Form 5500 pages