2023 Form 5500 filing — Electro-Matic Ventures, Inc., Profit Sharing & 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 20250715123850NAL0004645682001) for Electro-Matic Ventures, Inc., Profit Sharing & 401(K) Plan, reported by Electro-Matic, Ventures, Inc under EIN 38-1993343 and plan number 001. It reports 287 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250715123850NAL0004645682001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Electro-Matic, Ventures, Inc
- EIN
- 38-1993343
- Plan number
- 001
- Location
- Farmington Hills, MI
- Participants
- 287
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $32,876,134
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,876,134
- Employer contributions
- $324,672
- Participant contributions
- $1,096,715
- Total income / additions
- $9,099,981
- Benefits paid
- $4,402,003
- Administrative expenses
- $71,178
- Total expenses
- $4,522,107
- Net increase / (decrease)
- $4,577,874
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ubs Financial Services Inc. | INVESTMENT ADVISOR | $43,411 | not reported in the loaded dataset |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $21,816 | $0 |
| Pentegra Services | TPA | $10,142 | not reported in the loaded dataset |