Phipps Inc Employee Stock Ownership Plan — Form 5500 plan (Phipps, 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, Phipps Inc Employee Stock Ownership Plan is a benefit plan reported by Phipps, Inc under EIN 42-1362639 and plan number 001. The latest loaded filing year is 2023. The filing reports 4 participants and $8,358,804 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Phipps, Inc
- EIN
- 42-1362639
- Plan number
- 001
- Plan type
- 2
- Location
- Cherokee, IA
- Latest filing year
- 2023
- Participants
- 4
- End-of-year plan assets
- $8,358,804
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4 | I | 20240613124505NAL0062738626001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $8,358,804
- Net assets (EOY)
- $8,358,804
- Net assets (BOY)
- $8,537,061
Income & contributions
- Employer contributions
- $2,500
- Total income / additions
- -$125,904
Expenses & distributions
- Benefits paid
- $15,000
- Total expenses
- $52,353
- Net increase / (decrease)
- -$178,257
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.