Fromm Electric Supply Corp. Profit Sharing Plan — Form 5500 plan (Fromm Electric Supply Corp.)
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, Fromm Electric Supply Corp. Profit Sharing Plan is a benefit plan reported by Fromm Electric Supply Corp. under EIN 23-1531551 and plan number 001. The latest loaded filing year is 2023. The filing reports 132 participants and $7,974,277 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Fromm Electric Supply Corp.
- EIN
- 23-1531551
- Plan number
- 001
- Plan type
- 2
- Location
- Reading, PA
- Latest filing year
- 2023
- Participants
- 132
- End-of-year plan assets
- $7,974,277
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 132 | H, C | 20241015102306NAL0014394275001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,974,277
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,974,277
- Net assets (BOY)
- $6,960,648
Income & contributions
- Employer contributions
- $340,824
- Participant contributions
- $229,328
- Total contributions
- $620,268
- Total income / additions
- $1,889,066
Expenses & distributions
- Benefits paid
- $836,214
- Administrative expenses
- $39,223
- Total expenses
- $875,437
- Net increase / (decrease)
- $1,013,629
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fulton Financial Advisors | NONE | $44,256 | $0 | 2023 |