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, J Ranck Electric, Inc. Employees' Profit Sharing Plan is a benefit plan reported by J Ranck Electric, Inc. under EIN 38-2677797 and plan number 001. The latest loaded filing year is 2023. The filing reports 121 participants and $18,360,624 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,360,624
- Total liabilities (EOY)
- $5,320
- Net assets (EOY)
- $18,355,304
- Net assets (BOY)
- $13,802,636
Income & contributions
- Employer contributions
- $1,818,788
- Participant contributions
- $509,165
- Total contributions
- $2,340,497
- Total income / additions
- $5,011,083
Expenses & distributions
- Benefits paid
- $394,988
- Administrative expenses
- $63,427
- Total expenses
- $458,415
- Net increase / (decrease)
- $4,552,668