Shipco Transport Inc'S 401(K) Plan — Form 5500 plan (Shipco Transport Inc)

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, Shipco Transport Inc'S 401(K) Plan is a benefit plan reported by Shipco Transport Inc under EIN 13-3468377 and plan number 001. The latest loaded filing year is 2023. The filing reports 584 participants and $33,876,673 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Shipco Transport Inc
EIN
13-3468377
Plan number
001
Plan type
2
Location
Hoboken, NJ
Latest filing year
2023
Participants
584
End-of-year plan assets
$33,876,673

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023584H, C20241014090206NAL0026869729001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$33,876,673
Total liabilities (EOY)
$0
Net assets (EOY)
$33,876,673
Net assets (BOY)
$27,738,839

Income & contributions

Employer contributions
$941,402
Participant contributions
$2,017,749
Total contributions
$3,191,260
Total income / additions
$7,706,750

Expenses & distributions

Benefits paid
$1,493,357
Administrative expenses
$9,534
Total expenses
$1,568,916
Net increase / (decrease)
$6,137,834

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$9,534$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages