Bankson Engineers, Inc. Employee Stock Ownership Plan — Form 5500 plan (Bankson Engineers, 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, Bankson Engineers, Inc. Employee Stock Ownership Plan is a benefit plan reported by Bankson Engineers, Inc. under EIN 25-1126224 and plan number 002. The latest loaded filing year is 2023. The filing reports 28 participants and $506,474 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bankson Engineers, Inc.
- EIN
- 25-1126224
- Plan number
- 002
- Plan type
- 2
- Location
- Cheswick, PA
- Latest filing year
- 2023
- Participants
- 28
- End-of-year plan assets
- $506,474
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 28 | I | 20241025094633NAL0000034161001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $506,474
- Total liabilities (EOY)
- $634
- Net assets (EOY)
- $505,840
- Net assets (BOY)
- $665,284
Income & contributions
- Total income / additions
- $35,142
Expenses & distributions
- Benefits paid
- $194,586
- Total expenses
- $194,586
- Net increase / (decrease)
- -$159,444
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.