Tractor & Equipment Company Employee Benefit Plan — Form 5500 plan (Tractor & 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, Tractor & Equipment Company Employee Benefit Plan is a benefit plan reported by Tractor & Equipment Company under EIN 63-0211767 and plan number 501. The latest loaded filing year is 2023. The filing reports 475 participants and $6,295,947 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.7MPlan net assets, end of year$5,653,947
Participants475Covered participants reported
Assets / participant$13.3KComputed: assets ÷ participants$13,255 (computed)
Provider compensation$522.4K2 Schedule C provider row(s)$522,418
- Plan sponsor
- Tractor & Equipment Company
- EIN
- 63-0211767
- Plan number
- 501
- Plan type
- 2
- Location
- Birmingham, AL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 475 | H, C | 20241011095504NAL0021630353001 |
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)$6.3M total assets
Net assets$5.7MLiabilities$642K
Full reported line items
Net assets
- Total assets (EOY)
- $6,295,947
- Total liabilities (EOY)
- $642,000
- Net assets (EOY)
- $5,653,947
- Net assets (BOY)
- $4,894,825
Income & contributions
- Employer contributions
- $4,805,901
- Participant contributions
- $4,120,324
- Total contributions
- $8,926,225
- Total income / additions
- $9,739,362
Expenses & distributions
- Benefits paid
- $8,980,240
- Total expenses
- $8,980,240
- Net increase / (decrease)
- $759,122
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
54%46%
Employer 54%Participant 46%
Total expenses ÷ net assets159%Computed ratio
Benefits paid ÷ total income92%Computed ratio
Provider comp. ÷ net assets9%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Blue Shield Of Alabama | NONE | $452,218 | $66,650 | 2023 |
| Compsych | NONE | $3,550 | $0 | 2023 |