Scotch Companies 401(K) Profit Sharing Plan — Form 5500 plan (Scotch Plywood Company, 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, Scotch Companies 401(K) Profit Sharing Plan is a benefit plan reported by Scotch Plywood Company, Inc. under EIN 63-0501795 and plan number 001. The latest loaded filing year is 2023. The filing reports 545 participants and $41,214,096 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Scotch Plywood Company, Inc.
EIN
63-0501795
Plan number
001
Plan type
3
Location
Fulton, AL
Latest filing year
2023
Participants
545
End-of-year plan assets
$41,214,096

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023545H, C20240821143511NAL0004051649001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$41,214,096
Total liabilities (EOY)
$0
Net assets (EOY)
$41,214,096
Net assets (BOY)
$38,489,283

Income & contributions

Employer contributions
$1,529,295
Participant contributions
$1,837,083
Total contributions
$3,428,001
Total income / additions
$7,989,261

Expenses & distributions

Benefits paid
$5,094,544
Administrative expenses
$165,742
Total expenses
$5,264,448
Net increase / (decrease)
$2,724,813

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.RECORDKEEPER$91,342$02023
Mitchell, Mcleod, Pugh & WilliamsADVISOR$59,750not reported in the loaded dataset2023
Newport Trust CompanyTRUSTEE$14,649$02023

Related Form 5500 pages