Electrical Equipment Company 401(K) Plan — Form 5500 plan (Electrical Equipment Company)
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, Electrical Equipment Company 401(K) Plan is a benefit plan reported by Electrical Equipment Company under EIN 56-0213900 and plan number 002. The latest loaded filing year is 2023. The filing reports 309 participants and $27,587,191 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Electrical Equipment Company
- EIN
- 56-0213900
- Plan number
- 002
- Plan type
- 2
- Location
- Raleigh, NC
- Latest filing year
- 2023
- Participants
- 309
- End-of-year plan assets
- $27,587,191
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 309 | H, C | 20241015135248NAL0048229904001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,587,191
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,587,191
- Net assets (BOY)
- $24,325,368
Income & contributions
- Employer contributions
- $484,379
- Participant contributions
- $1,667,231
- Total contributions
- $2,260,354
- Total income / additions
- $6,043,095
Expenses & distributions
- Benefits paid
- $2,683,714
- Administrative expenses
- $97,558
- Total expenses
- $2,781,272
- Net increase / (decrease)
- $3,261,823
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Veratis Institutional Advisors, Inc | NONE | $60,000 | not reported in the loaded dataset | 2023 |
| Usi Consulting Group | NONE | $20,927 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Co | TRUSTEE | $11,482 | not reported in the loaded dataset | 2023 |
| Lincoln National Corporation | SERVICE PROVIDER | $5,148 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Electrical Equipment Company
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Raleigh, NC
- Veratis Institutional Advisors, Inc — Schedule C compensation
- Usi Consulting Group — Schedule C compensation
- Charles Schwab Trust Co — Schedule C compensation
- Lincoln National Corporation — Schedule C compensation