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, Schc Companies, Inc. Profit Sharing Plan is a benefit plan reported by Schc Companies, Inc. under EIN 22-2943771 and plan number 001. The latest loaded filing year is 2023. The filing reports 259 participants and $3,739,969 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,739,969
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,739,969
- Net assets (BOY)
- $3,456,234
Income & contributions
- Employer contributions
- $489,212
- Total contributions
- $492,987
- Total income / additions
- $892,777
Expenses & distributions
- Benefits paid
- $578,810
- Administrative expenses
- $30,232
- Total expenses
- $609,042
- Net increase / (decrease)
- $283,735