Industrial Electrical Company 401(K) And Profit Sharing Plan — Form 5500 plan (Modesto Industrial Electrical Co. 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, Industrial Electrical Company 401(K) And Profit Sharing Plan is a benefit plan reported by Modesto Industrial Electrical Co. Inc. under EIN 94-1231917 and plan number 002. The latest loaded filing year is 2023. The filing reports 220 participants and $7,942,978 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Modesto Industrial Electrical Co. Inc.
EIN
94-1231917
Plan number
002
Plan type
2
Location
Modesto, CA
Latest filing year
2023
Participants
220
End-of-year plan assets
$7,942,978

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023220H, C20241015115540NAL0049165088001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,942,978
Total liabilities (EOY)
$0
Net assets (EOY)
$7,942,978
Net assets (BOY)
$6,917,256

Income & contributions

Employer contributions
$160,677
Participant contributions
$642,771
Total contributions
$805,456
Total income / additions
$1,776,487

Expenses & distributions

Benefits paid
$663,213
Administrative expenses
$70,649
Total expenses
$750,765
Net increase / (decrease)
$1,025,722

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$24,473$02023
Empower Advisory Group, LLCINVESTMENT MGMT$16,580not reported in the loaded dataset2023
Merrill Lynch Pierce Fenner & SmithINVESTMENT ADVISOR$15,421not reported in the loaded dataset2023
Larson Allen LlpAUDITOR$14,175not reported in the loaded dataset2023

Related Form 5500 pages