Trac-Work, Inc. Employee Stock Ownership Plan — Form 5500 plan (Trac-Work, 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, Trac-Work, Inc. Employee Stock Ownership Plan is a benefit plan reported by Trac-Work, Inc. under EIN 75-1314640 and plan number 003. The latest loaded filing year is 2023. The filing reports 238 participants and $29,135,267 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$28.8MPlan net assets, end of year$28,785,161
Participants238Covered participants reported
Assets / participant$122.4KComputed: assets ÷ participants$122,417 (computed)
Provider compensationNone reported
Plan sponsor
Trac-Work, Inc.
EIN
75-1314640
Plan number
003
Plan type
2
Location
Ennis, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023238H20241009081727NAL0009034067001
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)$29.1M total assets
Net assets$28.8MLiabilities$350.1K
Money in vs. money out
Total income / additions$4.7M
Total expenses$2M
Benefits paid / distributions$2M
Contributions
Employer$2.3M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$29,135,267
Total liabilities (EOY)
$350,106
Net assets (EOY)
$28,785,161
Net assets (BOY)
$26,089,571

Income & contributions

Employer contributions
$2,320,819
Total contributions
$2,320,819
Total income / additions
$4,665,656

Expenses & distributions

Benefits paid
$1,970,066
Administrative expenses
$0
Total expenses
$1,970,066
Net increase / (decrease)
$2,695,590
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.

Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income42%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages