Espey Mfg & Electronics Corp. 401(K) Savings Plan — Form 5500 plan (Espey Mfg. & Electronics 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, Espey Mfg & Electronics Corp. 401(K) Savings Plan is a benefit plan reported by Espey Mfg. & Electronics Corp. under EIN 14-1387171 and plan number 002. The latest loaded filing year is 2023. The filing reports 150 participants and $13,900,087 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Espey Mfg. & Electronics Corp.
- EIN
- 14-1387171
- Plan number
- 002
- Plan type
- 2
- Location
- Saratoga Springs, NY
- Latest filing year
- 2023
- Participants
- 150
- End-of-year plan assets
- $13,900,087
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 150 | H, C | 20250311161411NAL0017989505001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,900,087
- Total liabilities (EOY)
- $5,960
- Net assets (EOY)
- $13,894,127
- Net assets (BOY)
- $11,674,596
Income & contributions
- Employer contributions
- $60,219
- Participant contributions
- $602,188
- Total contributions
- $1,494,069
- Total income / additions
- $3,253,219
Expenses & distributions
- Benefits paid
- $992,482
- Administrative expenses
- $41,206
- Total expenses
- $1,033,688
- Net increase / (decrease)
- $2,219,531
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Direct Advisors, LLC | NONE | $28,915 | not reported in the loaded dataset | 2023 |
| The Vanguard Group | NONE | $12,291 | $0 | 2023 |