Nardone Electrical Corporation 401k Plan — Form 5500 plan (Nardone Electrical Corporation)
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, Nardone Electrical Corporation 401k Plan is a benefit plan reported by Nardone Electrical Corporation under EIN 04-2951662 and plan number 001. The latest loaded filing year is 2023. The filing reports 150 participants and $5,789,090 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nardone Electrical Corporation
- EIN
- 04-2951662
- Plan number
- 001
- Plan type
- 2
- Location
- Woburn, MA
- Latest filing year
- 2023
- Participants
- 150
- End-of-year plan assets
- $5,789,090
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 150 | H, C | 20240620102323NAL0000782627001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,789,090
- Net assets (EOY)
- $5,789,090
- Net assets (BOY)
- $5,060,058
Income & contributions
- Employer contributions
- $136,677
- Participant contributions
- $516,017
- Total contributions
- $673,793
- Total income / additions
- $1,538,522
Expenses & distributions
- Benefits paid
- $760,358
- Administrative expenses
- $49,132
- Total expenses
- $809,490
- Net increase / (decrease)
- $729,032
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Rpw Solutions LLC | FIDUCIARY ADVISOR AND TPA | $17,242 | $0 | 2023 |
| Mamacos Bysiewicz And Associates | AUDITOR | $14,154 | $0 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $11,875 | $0 | 2023 |
| Global Retirement Partners LLC | ADVISORS BROKER DEALER | $5,332 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Nardone Electrical Corporation
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Woburn, MA
- Rpw Solutions LLC — Schedule C compensation
- Mamacos Bysiewicz And Associates — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation