Eastern Industrial Supplies, Inc. 401k Profit Sharing Plan — Form 5500 plan (Eastern Industrial Supplies, 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, Eastern Industrial Supplies, Inc. 401k Profit Sharing Plan is a benefit plan reported by Eastern Industrial Supplies, Inc. under EIN 57-0699126 and plan number 002. The latest loaded filing year is 2023. The filing reports 432 participants and $39,246,657 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$39.2MPlan net assets, end of year$39,246,657
Participants432Covered participants reported
Assets / participant$90.8KComputed: assets ÷ participants$90,849 (computed)
Provider compensation$86.6K3 Schedule C provider row(s)$86,601
Plan sponsor
Eastern Industrial Supplies, Inc.
EIN
57-0699126
Plan number
002
Plan type
2
Location
Greenville, SC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023432H, C20241001130301NAL0013660530001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$39.2M total assets
Net assets$39.2MLiabilities$0
Money in vs. money out
Total income / additions$8.9M
Total expenses$1.6M
Benefits paid / distributions$1.5M
Contributions
Employer$1.4M
Participant$2M
Full reported line items

Net assets

Total assets (EOY)
$39,246,657
Total liabilities (EOY)
$0
Net assets (EOY)
$39,246,657
Net assets (BOY)
$31,983,440

Income & contributions

Employer contributions
$1,361,840
Participant contributions
$2,003,971
Total contributions
$3,691,845
Total income / additions
$8,886,087

Expenses & distributions

Benefits paid
$1,537,919
Administrative expenses
$84,951
Total expenses
$1,622,870
Net increase / (decrease)
$7,263,217

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$42,151$02023
Capfinancial Partners LLCNONE$35,000not reported in the loaded dataset2023
Cherry Bekaert, LlpNONE$9,450not reported in the loaded dataset2023

Related Form 5500 pages