Sigma Engineered Solutions Retirement Plan — Form 5500 plan (Sigma Electric Manufacturing Corporation)
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, Sigma Engineered Solutions Retirement Plan is a benefit plan reported by Sigma Electric Manufacturing Corporation under EIN 72-0926749 and plan number 003. The latest loaded filing year is 2023. The filing reports 560 participants and $22,439,843 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sigma Electric Manufacturing Corporation
- EIN
- 72-0926749
- Plan number
- 003
- Plan type
- 2
- Location
- Garner, NC
- Latest filing year
- 2023
- Participants
- 560
- End-of-year plan assets
- $22,439,843
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 560 | H, C | 20250224123157NAL0006541491001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,439,843
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,439,843
- Net assets (BOY)
- $20,122,035
Income & contributions
- Employer contributions
- $567,873
- Participant contributions
- $1,306,954
- Total contributions
- $2,904,853
- Total income / additions
- $6,198,079
Expenses & distributions
- Benefits paid
- $3,748,145
- Administrative expenses
- $94,370
- Total expenses
- $3,880,271
- Net increase / (decrease)
- $2,317,808
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $82,270 | $0 | 2023 |
| Valley Forge Investment Consultants | INVESTMENT ADVISORY | $0 | $41,131 | 2023 |
| The Mandmarblestone Group LLC | CONTRACT ADMINISTRATOR | $12,100 | $10,219 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sigma Electric Manufacturing Corporation
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Garner, NC
- Principal Life Insurance Company — Schedule C compensation
- Valley Forge Investment Consultants — Schedule C compensation
- The Mandmarblestone Group LLC — Schedule C compensation