The Sherman Engineering Company Employee Stock Ownership Plan — Form 5500 plan (The Sherman Engineering Company)
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, The Sherman Engineering Company Employee Stock Ownership Plan is a benefit plan reported by The Sherman Engineering Company under EIN 23-1080070 and plan number 003. The latest loaded filing year is 2023. The filing reports 45 participants and $7,612,246 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Sherman Engineering Company
- EIN
- 23-1080070
- Plan number
- 003
- Plan type
- 2
- Location
- Huntingdon Valley, PA
- Latest filing year
- 2023
- Participants
- 45
- End-of-year plan assets
- $7,612,246
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 45 | I | 20240702082605NAL0010207474001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $7,612,246
- Total liabilities (EOY)
- $355,457
- Net assets (EOY)
- $7,256,789
- Net assets (BOY)
- $6,630,854
Income & contributions
- Employer contributions
- $724,279
- Total income / additions
- $1,366,205
Expenses & distributions
- Benefits paid
- $716,254
- Total expenses
- $740,270
- Net increase / (decrease)
- $625,935
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.