Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(K) Profit Sharing Plan — Form 5500 plan (Usherwood Business Equipment 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, Usherwood Business Equipment Inc. Dba Usherwood Office Technology 401(K) Profit Sharing Plan is a benefit plan reported by Usherwood Business Equipment Inc. under EIN 16-1135311 and plan number 001. The latest loaded filing year is 2023. The filing reports 170 participants and $9,524,976 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Usherwood Business Equipment Inc.
- EIN
- 16-1135311
- Plan number
- 001
- Plan type
- 2
- Location
- Syracuse, NY
- Latest filing year
- 2023
- Participants
- 170
- End-of-year plan assets
- $9,524,976
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 170 | H, C | 20241014065557NAL0026737169001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,524,976
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,524,976
- Net assets (BOY)
- $8,537,507
Income & contributions
- Employer contributions
- $28,390
- Participant contributions
- $193,231
- Total contributions
- $237,341
- Total income / additions
- $1,131,878
Expenses & distributions
- Benefits paid
- $139,016
- Administrative expenses
- $5,393
- Total expenses
- $144,409
- Net increase / (decrease)
- $987,469
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Waterford Group LLC | ADVISOR | $6,000 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$607 | $0 | 2023 |