System Electric Co. 401(K) Plan — Form 5500 plan (System Electric Co. 401(K) Plan)

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, System Electric Co. 401(K) Plan is a benefit plan reported by System Electric Co. 401(K) Plan under EIN 95-2161624 and plan number 004. The latest loaded filing year is 2023. The filing reports 148 participants and $2,601,565 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.6MPlan net assets, end of year$2,601,565
Participants148Covered participants reported
Assets / participant$17.6KComputed: assets ÷ participants$17,578 (computed)
Provider compensation$27.5K2 Schedule C provider row(s)$27,498
Plan sponsor
System Electric Co. 401(K) Plan
EIN
95-2161624
Plan number
004
Plan type
2
Location
Plano, TX
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    148 participants · 2Sch HSch C
    View filing →
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)$2.6M total assets
Net assets$2.6MLiabilities$0
Money in vs. money out
Total income / additions$591.9K
Total expenses$54K
Benefits paid / distributions$26.5K
Contributions
Employer$24.3K
Participant$184.6K
Full reported line items

Net assets

Total assets (EOY)
$2,601,565
Total liabilities (EOY)
$0
Net assets (EOY)
$2,601,565
Net assets (BOY)
$2,063,619

Income & contributions

Employer contributions
$24,287
Participant contributions
$184,611
Total contributions
$208,898
Total income / additions
$591,945

Expenses & distributions

Benefits paid
$26,503
Administrative expenses
$27,496
Total expenses
$53,999
Net increase / (decrease)
$537,946
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.

Contribution share (employer vs. participant)
Employer 12%Participant 88%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income4%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    INVESTMENT ADVISORY · Direct $20K
  2. 2
    CONTRACT ADMINISTRATOR · Direct $7.5K · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the System Electric Co. 401(K) Plan?
System Electric Co. 401(K) Plan is reported as sponsored by System Electric Co. 401(K) Plan (EIN 95-2161624, plan number 004) in public Form 5500 filings.
What is the most recent Form 5500 filing year for System Electric Co. 401(K) Plan?
The latest Form 5500 filing year loaded for System Electric Co. 401(K) Plan is 2023.
How many participants does System Electric Co. 401(K) Plan report?
System Electric Co. 401(K) Plan reports 148 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for System Electric Co. 401(K) Plan?
System Electric Co. 401(K) Plan reports $2,601,565 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages