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, Elitech Group Inc Profit Sharing Plan is a benefit plan reported by Elitech Group, Inc. under EIN 87-0284733 and plan number 004. The latest loaded filing year is 2023. The filing reports 233 participants and $22,159,345 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,159,345
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,159,345
- Net assets (BOY)
- $18,454,715
Income & contributions
- Employer contributions
- $368,361
- Participant contributions
- $817,151
- Total contributions
- $1,670,690
- Total income / additions
- $4,425,570
Expenses & distributions
- Benefits paid
- $666,183
- Administrative expenses
- $54,757
- Total expenses
- $720,940
- Net increase / (decrease)
- $3,704,630