Recore Employee Stock Ownership Plan — Form 5500 plan (Recore Electrical Contractors, 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, Recore Employee Stock Ownership Plan is a benefit plan reported by Recore Electrical Contractors, Inc. under EIN 56-1373085 and plan number 002. The latest loaded filing year is 2023. The filing reports 166 participants and $61,049,600 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Recore Electrical Contractors, Inc.
- EIN
- 56-1373085
- Plan number
- 002
- Plan type
- 2
- Location
- Gastonia, NC
- Latest filing year
- 2023
- Participants
- 166
- End-of-year plan assets
- $61,049,600
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 166 | H | 20241010153722NAL0041366482001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $61,049,600
- Total liabilities (EOY)
- $2,240,452
- Net assets (EOY)
- $58,809,148
- Net assets (BOY)
- $17,742,321
Income & contributions
- Employer contributions
- $1,043,555
- Total contributions
- $1,043,555
- Total income / additions
- $41,697,655
Expenses & distributions
- Benefits paid
- $418,790
- Administrative expenses
- $0
- Total expenses
- $630,828
- Net increase / (decrease)
- $41,066,827
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.