2023 Form 5500 filing — Basler Electric Highland Manufacturing 401(K) 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 20240816152432NAL0014762321001) for Basler Electric Highland Manufacturing 401(K) Plan, reported by Basler Electric Company under EIN 37-0628928 and plan number 004. It reports 120 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$5.1MReported net assets$5,146,287
Participants120
Provider compensation$1.4K1 Schedule C row(s)$1,450
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240816152432NAL0014762321001
Plan sponsor
Basler Electric Company
EIN
37-0628928
Plan number
004
Location
Highland, IL
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$5.1M total assets
Net assets$5.1MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$868.3K
Benefits paid / distributions$866.8K
Contributions
Employer$123.7K
Participant$117.5K
Full reported line items
Total assets (EOY)
$5,146,287
Total liabilities (EOY)
$0
Net assets (EOY)
$5,146,287
Employer contributions
$123,650
Participant contributions
$117,506
Total income / additions
$1,165,198
Benefits paid
$866,834
Administrative expenses
$1,450
Total expenses
$868,284
Net increase / (decrease)
$296,914

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Fidelity Investments InstitutionalRECORDKEEPER$1,450$0

Related Form 5500 pages