Buist Electric Inc Employee Stock Ownership Plan — Form 5500 plan (Buist Electric 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, Buist Electric Inc Employee Stock Ownership Plan is a benefit plan reported by Buist Electric Inc under EIN 38-2177580 and plan number 002. The latest loaded filing year is 2023. The filing reports 416 participants and $51,160,827 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Buist Electric Inc
- EIN
- 38-2177580
- Plan number
- 002
- Plan type
- 2
- Location
- Byron Center, MI
- Latest filing year
- 2023
- Participants
- 416
- End-of-year plan assets
- $51,160,827
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 416 | H | 20241010123113NAL0009985651001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $51,160,827
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $51,160,827
- Net assets (BOY)
- $47,596,123
Income & contributions
- Employer contributions
- $3,950,000
- Total contributions
- $3,950,000
- Total income / additions
- $9,145,108
Expenses & distributions
- Benefits paid
- $5,578,173
- Administrative expenses
- $2,231
- Total expenses
- $5,580,404
- Net increase / (decrease)
- $3,564,704
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.