2023 Form 5500 filing — Shepherd Electric Company Inc. 401(K) And Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240729092719NAL0012368163001) for Shepherd Electric Company Inc. 401(K) And Profit Sharing Plan, reported by Shepherd Electric Co., Inc. under EIN 52-0482550 and plan number 001. It reports 320 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240729092719NAL0012368163001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Shepherd Electric Co., Inc.
- EIN
- 52-0482550
- Plan number
- 001
- Location
- Baltimore, MD
- Participants
- 320
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $42,671,434
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $42,671,434
- Employer contributions
- $784,908
- Participant contributions
- $2,146,447
- Total income / additions
- $10,186,188
- Benefits paid
- $4,352,931
- Administrative expenses
- $64,611
- Total expenses
- $4,417,542
- Net increase / (decrease)
- $5,768,646
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Brown Advisory LLC | ADVISOR | $75,431 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$10,820 | $0 |