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, Empire Industries, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Empire Industries, Inc. under EIN 06-0619701 and plan number 001. The latest loaded filing year is 2023. The filing reports 112 participants and $16,505,117 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,505,117
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,505,117
- Net assets (BOY)
- $13,867,847
Income & contributions
- Employer contributions
- $1,031,254
- Participant contributions
- $656,012
- Total contributions
- $1,687,266
- Total income / additions
- $3,957,295
Expenses & distributions
- Benefits paid
- $1,270,768
- Administrative expenses
- $49,257
- Total expenses
- $1,320,025
- Net increase / (decrease)
- $2,637,270