A-C Electric Profit Sharing Company — Form 5500 plan (A-C Electric Company)

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, A-C Electric Profit Sharing Company is a benefit plan reported by A-C Electric Company under EIN 95-1531419 and plan number 001. The latest loaded filing year is 2023. The filing reports 288 participants and $5,651,146 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.4MPlan net assets, end of year$5,364,217
Participants288Covered participants reported
Assets / participant$19.6KComputed: assets ÷ participants$19,622 (computed)
Provider compensationNone reported
Plan sponsor
A-C Electric Company
EIN
95-1531419
Plan number
001
Plan type
2
Location
Bakersfield, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023288H20250115112938NAL0012654291001
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)$5.7M total assets
Net assets$5.4MLiabilities$286.9K
Money in vs. money out
Total income / additions$833.8K
Total expenses$730.7K
Benefits paid / distributions$713.5K
Contributions
Employer$674K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$5,651,146
Total liabilities (EOY)
$286,929
Net assets (EOY)
$5,364,217
Net assets (BOY)
$5,261,103

Income & contributions

Employer contributions
$673,971
Total contributions
$673,971
Total income / additions
$833,821

Expenses & distributions

Benefits paid
$713,549
Administrative expenses
$17,158
Total expenses
$730,707
Net increase / (decrease)
$103,114
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 assets14%Computed ratio
Benefits paid ÷ total income86%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages