2023 Form 5500 filing — United Electric Supply Co., Inc. 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 20241008104147NAL0029572032001) for United Electric Supply Co., Inc. 401(K) Plan, reported by United Electric Supply Co., Inc. under EIN 51-0102767 and plan number 002. It reports 401 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008104147NAL0029572032001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- United Electric Supply Co., Inc.
- EIN
- 51-0102767
- Plan number
- 002
- Location
- New Castle, DE
- Participants
- 401
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $43,913,014
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $43,913,014
- Employer contributions
- $762,725
- Participant contributions
- $1,865,847
- Total income / additions
- $10,221,756
- Benefits paid
- $4,080,483
- Administrative expenses
- $111,896
- Total expenses
- $4,192,379
- Net increase / (decrease)
- $6,029,377
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $111,895 | $1,040 |
| Morgan Stanley Advisory | INVESTMENT ADVISORY | $0 | $45,000 |
| Baker Tilly Virchow Krause, Llp | ACCOUNTANT | $0 | $5,000 |