A-C Electric Company Retirement Plan — 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 Company Retirement Plan is a benefit plan reported by A-C Electric Company under EIN 95-1531419 and plan number 010. The latest loaded filing year is 2023. The filing reports 112 participants and $11,677,162 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$11.7MPlan net assets, end of year$11,677,162
Participants112Covered participants reported
Assets / participant$104.3KComputed: assets ÷ participants$104,260 (computed)
Provider compensation$42.9K2 Schedule C provider row(s)$42,920
- Plan sponsor
- A-C Electric Company
- EIN
- 95-1531419
- Plan number
- 010
- Plan type
- 2
- Location
- Bakersfield, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 112 | H, C | 20241213181440NAL0016081857001 |
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)$11.7M total assets
Net assets$11.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $11,677,162
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,677,162
- Net assets (BOY)
- $10,315,920
Income & contributions
- Employer contributions
- $2,014,295
- Total contributions
- $2,014,295
- Total income / additions
- $2,367,098
Expenses & distributions
- Benefits paid
- $962,900
- Administrative expenses
- $42,956
- Total expenses
- $1,005,856
- Net increase / (decrease)
- $1,361,242
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 assets9%Computed ratio
Benefits paid ÷ total income41%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| J.W. Cole Financial, Inc. | NONE | $29,190 | not reported in the loaded dataset | 2023 |
| Wilcac Life Insurance Company | NONE | $13,730 | not reported in the loaded dataset | 2023 |