2023 Form 5500 filing — Shay Oil Company, Inc. 401(K) 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 20240819122334NAL0000812499001) for Shay Oil Company, Inc. 401(K) Profit Sharing Plan, reported by Shay Oil Company, Inc. under EIN 86-0250950 and plan number 003. It reports 253 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240819122334NAL0000812499001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Shay Oil Company, Inc.
- EIN
- 86-0250950
- Plan number
- 003
- Location
- Yuma, AZ
- Participants
- 253
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,947,571
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,947,571
- Employer contributions
- $103,631
- Participant contributions
- $138,532
- Total income / additions
- $663,095
- Benefits paid
- $156,929
- Administrative expenses
- $1,887
- Total expenses
- $162,145
- Net increase / (decrease)
- $500,950
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $0 | not reported in the loaded dataset |