Highpoint Electric, Inc. Employee Stock Ownership Plan — Form 5500 plan (Highpoint Electric, 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, Highpoint Electric, Inc. Employee Stock Ownership Plan is a benefit plan reported by Highpoint Electric, Inc. under EIN 20-4147041 and plan number 002. The latest loaded filing year is 2023. The filing reports 72 participants and $1,694,747 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Highpoint Electric, Inc.
EIN
20-4147041
Plan number
002
Plan type
2
Location
Belmont, MI
Latest filing year
2023
Participants
72
End-of-year plan assets
$1,694,747

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202372I20241014085209NAL0025761105001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$1,694,747
Total liabilities (EOY)
$451,416
Net assets (EOY)
$1,243,331
Net assets (BOY)
$396,205

Income & contributions

Employer contributions
$168,744
Total income / additions
$853,437

Expenses & distributions

Benefits paid
$6,141
Total expenses
$6,311
Net increase / (decrease)
$847,126

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages