2023 Form 5500 filing — Staff Electric Co, Inc. Employees' Profit Sharing Retirement Plan And 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 20250908142401NAL0019396561001) for Staff Electric Co, Inc. Employees' Profit Sharing Retirement Plan And Trust, reported by Staff Electric Co., Inc. under EIN 39-0629300 and plan number 001. It reports 120 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250908142401NAL0019396561001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Staff Electric Co., Inc.
- EIN
- 39-0629300
- Plan number
- 001
- Location
- Menomonee Falls, WI
- Participants
- 120
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,260,233
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,260,233
- Employer contributions
- $2,278,644
- Participant contributions
- $734,170
- Total income / additions
- $6,859,584
- Benefits paid
- $1,822,295
- Administrative expenses
- $77,353
- Total expenses
- $1,899,648
- Net increase / (decrease)
- $4,959,936
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $38,180 | $0 |
| Johnson Bank | NONE | $37,493 | $0 |
| Map Retirement | CONTRACT ADMINISTRATOR | $1,500 | $20,125 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY | $0 | $18,810 |
| Wellth Advisory Services, LLC | INVESTMENT ADVISORY | $0 | $10,070 |
| Morningstar Investment Management | INV ADV, PARTICIPANTS | $0 | $0 |