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, Saginaw Control & Engineering, Inc. Salary Savings Plan is a benefit plan reported by Saginaw Control & Engineering, Inc. under EIN 38-1743515 and plan number 002. The latest loaded filing year is 2023. The filing reports 536 participants and $26,051,987 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,051,987
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,051,987
- Net assets (BOY)
- $20,575,619
Income & contributions
- Employer contributions
- $507,408
- Participant contributions
- $1,485,266
- Total contributions
- $2,133,681
- Total income / additions
- $6,145,015
Expenses & distributions
- Benefits paid
- $578,991
- Administrative expenses
- $89,656
- Total expenses
- $668,647
- Net increase / (decrease)
- $5,476,368