Research Products Corporation Incentive Savings Plan — Form 5500 plan (Research Products Corporation)

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, Research Products Corporation Incentive Savings Plan is a benefit plan reported by Research Products Corporation under EIN 39-0566098 and plan number 003. The latest loaded filing year is 2023. The filing reports 487 participants and $76,431,394 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$76.4MPlan net assets, end of year$76,431,394
Participants487Covered participants reported
Assets / participant$156.9KComputed: assets ÷ participants$156,943 (computed)
Provider compensation$91.7K3 Schedule C provider row(s)$91,684
Plan sponsor
Research Products Corporation
EIN
39-0566098
Plan number
003
Plan type
2
Location
Madison, WI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023487H, C20241011140236NAL0012569123001
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)$76.4M total assets
Net assets$76.4MLiabilities$0
Money in vs. money out
Total income / additions$18.9M
Total expenses$8.2M
Benefits paid / distributions$8.1M
Contributions
Employer$3.2M
Participant$3.6M
Full reported line items

Net assets

Total assets (EOY)
$76,431,394
Total liabilities (EOY)
$0
Net assets (EOY)
$76,431,394
Net assets (BOY)
$65,298,399

Income & contributions

Employer contributions
$3,168,902
Participant contributions
$3,551,431
Total contributions
$7,074,673
Total income / additions
$18,921,284

Expenses & distributions

Benefits paid
$8,084,376
Administrative expenses
$91,684
Total expenses
$8,176,060
Net increase / (decrease)
$10,745,224

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Spectrum Investment Advisors IncINVESTMENT ADVISOR$60,750not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$30,634not reported in the loaded dataset2023
Qdro Consultants Company, LLCOTHER$300not reported in the loaded dataset2023

Related Form 5500 pages