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, Electric Motor & Contracting Co., Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Electric Motor & Contracting Co., Inc. under EIN 54-0694632 and plan number 001. The latest loaded filing year is 2023. The filing reports 275 participants and $27,230,374 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,230,374
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,230,374
- Net assets (BOY)
- $22,221,730
Income & contributions
- Employer contributions
- $543,091
- Participant contributions
- $1,247,085
- Total contributions
- $1,794,143
- Total income / additions
- $6,121,040
Expenses & distributions
- Benefits paid
- $1,074,315
- Administrative expenses
- $28,919
- Total expenses
- $1,112,396
- Net increase / (decrease)
- $5,008,644