Emac 401(K) Plan — Form 5500 plan (Effingham Machining & Assembly 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, Emac 401(K) Plan is a benefit plan reported by Effingham Machining & Assembly Components, Inc. under EIN 88-2146762 and plan number 001. The latest loaded filing year is 2023. The filing reports 291 participants and $12,637,797 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$12.6MPlan net assets, end of year$12,637,797
Participants291Covered participants reported
Assets / participant$43.4KComputed: assets ÷ participants$43,429 (computed)
Provider compensation$36.9K1 Schedule C provider row(s)$36,910
- Plan sponsor
- Effingham Machining & Assembly Components, Inc.
- EIN
- 88-2146762
- Plan number
- 001
- Plan type
- 2
- Location
- Effingham, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 291 | H, C | 20251014142506NAL0001498035001 |
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)$12.6M total assets
Net assets$12.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $12,637,797
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,637,797
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $637,560
- Participant contributions
- $756,943
- Total contributions
- $1,425,991
- Total income / additions
- $3,065,312
Expenses & distributions
- Benefits paid
- $1,570,686
- Administrative expenses
- $36,910
- Total expenses
- $1,607,727
- Net increase / (decrease)
- $1,457,585
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.
46%54%
Employer 46%Participant 54%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income51%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $36,910 | $0 | 2023 |