Power Grid Components, Inc Retirement Plan — Form 5500 plan (Power Grid Components, 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, Power Grid Components, Inc Retirement Plan is a benefit plan reported by Power Grid Components, Inc. under EIN 82-3285608 and plan number 001. The latest loaded filing year is 2023. The filing reports 302 participants and $6,600,117 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Power Grid Components, Inc.
EIN
82-3285608
Plan number
001
Plan type
2
Location
Bessemer, AL
Latest filing year
2023
Participants
302
End-of-year plan assets
$6,600,117

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023302H, C20241015112927NAL0016231971001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,600,117
Total liabilities (EOY)
$0
Net assets (EOY)
$6,600,117
Net assets (BOY)
$4,805,997

Income & contributions

Employer contributions
$418,023
Participant contributions
$1,040,492
Total contributions
$1,587,789
Total income / additions
$2,551,967

Expenses & distributions

Benefits paid
$701,408
Administrative expenses
$56,439
Total expenses
$757,847
Net increase / (decrease)
$1,794,120

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$29,497$02023
Faircourt Partners, LLCNONE$26,941not reported in the loaded dataset2023

Related Form 5500 pages