Plan5500

Static Control Components, Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor 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, Static Control Components, Inc. (EIN 56-1576062) is a plan sponsor located in Sanford, NC with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
56-1576062
Location
Sanford, NC
Loaded plans
2
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Static Control Components, Inc.

  • 2 loaded plans hold $14.9M in reported assets.
  • The largest, Static Control Components, Inc. 401(K) Salary Reduction Plan, holds 100% of this company's reported plan assets.
  • Plans cover 404 reported participants.
  • 1 of 2 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$14.9MSummed across loaded plans$14,898,090
Total reported assets$14.9M$14,898,090
Total reported participants404
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$14.9M total assets
Net assets$14.9MLiabilities$0
Contributions & income
Employer contributions$97.9K
Participant contributions$562K
Total income / additions$2.9M
Expenses & distributions
Benefits paid / distributions$3.3M
Total expenses$3.4M
Net increase / (decrease)-$453.6K

Data coverage

Plans with financial statements1 / 2 (50%)
Plans with provider compensation1 / 2 (50%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%Static Control Components, Inc. 401(K) Salary Reduction Plan
Participants per plan202Average across loaded plans
Loaded plans2
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Static Control Components, Inc. 401(K) Salary Reduction Plan$14.9M
    Plan #001 · 252 participants · 2023
  2. 2
    Static Control Components, Inc. Health And Welfare Benefit Plannot reported in the loaded dataset
    Plan #501 · 152 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Static Control Components, Inc.. Open one for its full reported snapshot.

  1. 2023
    Static Control Components, Inc. Health And Welfare Benefit Plan152 participants · 2No schedules
    View filing →
  2. 2023
    Static Control Components, Inc. 401(K) Salary Reduction Plan252 participants · 2Sch HSch C
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Static Control Components, Inc. report on Form 5500?
Static Control Components, Inc. (EIN 56-1576062) reports 2 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Static Control Components, Inc.?
The Employer Identification Number (EIN) reported for Static Control Components, Inc. is 56-1576062.
What is the latest Form 5500 filing year for Static Control Components, Inc.?
The latest loaded Form 5500 filing year for Static Control Components, Inc. is 2023.

Related Form 5500 pages