Inline Electric 401(K) Plan And Trust — Form 5500 plan (Inline Electric Supply Co., 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, Inline Electric 401(K) Plan And Trust is a benefit plan reported by Inline Electric Supply Co., Inc. under EIN 63-0979197 and plan number 001. The latest loaded filing year is 2023. The filing reports 335 participants and $22,521,963 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$22.5MPlan net assets, end of year$22,521,963
Participants335Covered participants reported
Assets / participant$67.2KComputed: assets ÷ participants$67,230 (computed)
Provider compensation$50.1K2 Schedule C provider row(s)$50,054
- Plan sponsor
- Inline Electric Supply Co., Inc.
- EIN
- 63-0979197
- Plan number
- 001
- Plan type
- 2
- Location
- Huntsville, AL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 335 | H, C | 20241014144017NAL0026437953001 |
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)$22.5M total assets
Net assets$22.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $22,521,963
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,521,963
- Net assets (BOY)
- $17,038,408
Income & contributions
- Employer contributions
- $358
- Participant contributions
- $1,957,062
- Total contributions
- $2,078,873
- Total income / additions
- $5,201,520
Expenses & distributions
- Benefits paid
- $1,133,300
- Administrative expenses
- $50,054
- Total expenses
- $1,183,354
- Net increase / (decrease)
- $4,018,166
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Providence Wealth Advisors LLC | ADVISOR | $47,129 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $2,925 | $0 | 2023 |