2023 Form 5500 filing — Allied Electric, Inc. 401(K) Savings And Retirement 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 20241015131315NAL0057768946001) for Allied Electric, Inc. 401(K) Savings And Retirement Plan, reported by Allied Electric, Inc. under EIN 38-1889686 and plan number 001. It reports 172 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)$14.1MReported net assets$14,097,711
Participants172
Provider compensation$62.8K2 Schedule C row(s)$62,815
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015131315NAL0057768946001
Plan sponsor
Allied Electric, Inc.
EIN
38-1889686
Plan number
001
Location
Grand Rapids, MI
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)$14.1M total assets
Net assets$14.1MLiabilities$0
Money in vs. money out
Total income / additions$3M
Total expenses$1.8M
Benefits paid / distributions$1.7M
Contributions
Employer$338.9K
Participant$628.4K
Full reported line items
Total assets (EOY)
$14,097,711
Total liabilities (EOY)
$0
Net assets (EOY)
$14,097,711
Employer contributions
$338,897
Participant contributions
$628,427
Total income / additions
$3,017,400
Benefits paid
$1,703,684
Administrative expenses
$64,504
Total expenses
$1,768,188
Net increase / (decrease)
$1,249,212

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Advisory Alpha, LLCNONE$59,511not reported in the loaded dataset
Charles Schwab BankNONE$3,304$0

Related Form 5500 pages