Plan5500

Utility Supply And Construction Company Savings And Employee Stock Ownership Plan — Form 5500 plan (Utility Supply And Construction 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, Utility Supply And Construction Company Savings And Employee Stock Ownership Plan is a benefit plan reported by Utility Supply And Construction Company under EIN 38-1783949 and plan number 001. The latest loaded filing year is 2023. The filing reports 536 participants and $41,003,662 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$41MPlan net assets, end of year$41,003,662
Participants536Covered participants reported
Assets / participant$76.5KComputed: assets ÷ participants$76,499 (computed)
Provider compensation$3.1K1 Schedule C provider row(s)$3,098
Plan sponsor
Utility Supply And Construction Company
EIN
38-1783949
Plan number
001
Plan type
2
Location
Reed City, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023536H, C20241009101825NAL0019004097001
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)$41M total assets
Net assets$41MLiabilities$0
Money in vs. money out
Total income / additions$9.8M
Total expenses$2.7M
Benefits paid / distributions$2.7M
Contributions
Employer$1.3M
Participant$2.1M
Full reported line items

Net assets

Total assets (EOY)
$41,003,662
Total liabilities (EOY)
$0
Net assets (EOY)
$41,003,662
Net assets (BOY)
$33,901,533

Income & contributions

Employer contributions
$1,326,792
Participant contributions
$2,067,267
Total contributions
$3,990,034
Total income / additions
$9,821,464

Expenses & distributions

Benefits paid
$2,716,237
Administrative expenses
$3,098
Total expenses
$2,719,335
Net increase / (decrease)
$7,102,129
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 39%Participant 61%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Onedigital (Hb)NONE$3,098$02023

Related Form 5500 pages