Cem Machine, Inc. Employee Stock Ownership Plan And Trust — Form 5500 plan (Cem Machine, 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, Cem Machine, Inc. Employee Stock Ownership Plan And Trust is a benefit plan reported by Cem Machine, Inc. under EIN 16-1585083 and plan number 001. The latest loaded filing year is 2023. The filing reports 50 participants and $2,799,142 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cem Machine, Inc.
- EIN
- 16-1585083
- Plan number
- 001
- Plan type
- 2
- Location
- Carthage, NY
- Latest filing year
- 2023
- Participants
- 50
- End-of-year plan assets
- $2,799,142
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 50 | I | 20241003104144NAL0019424418001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $2,799,142
- Total liabilities (EOY)
- $1,487,333
- Net assets (EOY)
- $1,311,809
- Net assets (BOY)
- $1,832,503
Income & contributions
- Employer contributions
- $78,881
- Total income / additions
- -$491,134
Expenses & distributions
- Benefits paid
- $14,053
- Total expenses
- $29,560
- Net increase / (decrease)
- -$520,694
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.