Plan5500

State Utility Contractors, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (State Utility 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, State Utility Contractors, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by State Utility Contractors, Inc. under EIN 56-1444827 and plan number 001. The latest loaded filing year is 2023. The filing reports 184 participants and $15,164,515 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
State Utility Contractors, Inc.
EIN
56-1444827
Plan number
001
Plan type
2
Location
Monroe, NC
Latest filing year
2023
Participants
184
End-of-year plan assets
$15,164,515

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023184H, C20241014111553NAL0014826211001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$15,164,515
Total liabilities (EOY)
$0
Net assets (EOY)
$15,164,515
Net assets (BOY)
$12,982,841

Income & contributions

Employer contributions
$275,373
Participant contributions
$713,593
Total contributions
$1,002,707
Total income / additions
$3,183,043

Expenses & distributions

Benefits paid
$899,616
Administrative expenses
$81,233
Total expenses
$1,001,369
Net increase / (decrease)
$2,181,674

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
United Capital Fin. AdvisersINVESTMENT MANAGEMENT$41,137not reported in the loaded dataset2023
John Hancock Life Insurance CompanyRECORDKEEPER$456not reported in the loaded dataset2023

Related Form 5500 pages