2023 Form 5500 filing — Desco Corporation Thrift Plan & Trust
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 20241009095352NAL0036661954001) for Desco Corporation Thrift Plan & Trust, reported by Desco Corporation under EIN 31-0869325 and plan number 001. It reports 939 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009095352NAL0036661954001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Desco Corporation
- EIN
- 31-0869325
- Plan number
- 001
- Location
- New Albany, OH
- Participants
- 939
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $34,252,483
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,252,483
- Employer contributions
- $784,851
- Participant contributions
- $1,942,068
- Total income / additions
- $8,171,861
- Benefits paid
- $6,165,164
- Administrative expenses
- $94,561
- Total expenses
- $6,322,332
- Net increase / (decrease)
- $1,849,529
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $67,836 | $0 |
| Noyes Advisors LLC | INVESTMENT/FINANCIAL ADVI | $50,975 | $0 |