The Electro Switch Corp. 401(K) Profit Sharing Plan — Form 5500 plan (Electro Switch Corp.)
Plain-English plan 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, The Electro Switch Corp. 401(K) Profit Sharing Plan is a benefit plan reported by Electro Switch Corp. under EIN 04-2037902 and plan number 002. The latest loaded filing year is 2023. The filing reports 491 participants and $70,795,249 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Electro Switch Corp.
- EIN
- 04-2037902
- Plan number
- 002
- Plan type
- 2
- Location
- Weymouth, MA
- Latest filing year
- 2023
- Participants
- 491
- End-of-year plan assets
- $70,795,249
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 491 | H, C | 20241011154358NAL0022252657001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $70,795,249
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $70,795,249
- Net assets (BOY)
- $64,734,668
Income & contributions
- Employer contributions
- $409,959
- Participant contributions
- $1,717,826
- Total contributions
- $2,224,770
- Total income / additions
- $10,863,363
Expenses & distributions
- Benefits paid
- $4,735,547
- Administrative expenses
- $46,883
- Total expenses
- $4,802,782
- Net increase / (decrease)
- $6,060,581
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $72,436 | $0 | 2023 |
| Kestra Advisory Services LLC | NONE | $24,000 | not reported in the loaded dataset | 2023 |
| Pkf Jnd Pc | NONE | $22,883 | not reported in the loaded dataset | 2023 |