The State Chemical Manufacturing Company Employee Benefit Plan — Form 5500 plan (State Industrial Products Corporation)

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 State Chemical Manufacturing Company Employee Benefit Plan is a benefit plan reported by State Industrial Products Corporation under EIN 34-0552740 and plan number 503. The latest loaded filing year is 2023. The filing reports 682 participants and $1,308,495 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
State Industrial Products Corporation
EIN
34-0552740
Plan number
503
Plan type
2
Location
Mayfield Heights, OH
Latest filing year
2023
Participants
682
End-of-year plan assets
$1,308,495

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023682H, C20241015191046NAL0057809298001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,308,495
Total liabilities (EOY)
$0
Net assets (EOY)
$1,308,495
Net assets (BOY)
$1,021,033

Income & contributions

Employer contributions
$5,141,615
Participant contributions
$2,241,178
Total contributions
$7,382,793
Total income / additions
$7,382,793

Expenses & distributions

Benefits paid
$7,095,331
Administrative expenses
$0
Total expenses
$7,095,331
Net increase / (decrease)
$287,462

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cigna Health And Life Insurance ComCLAIM ADMIN & RELATED SVC$281,747$02023
James B Oswald CompanyAGENT/AGENCY$87,560$6,3582023
Delta Dental Of OhioBENEFIT ADMINISTRATOR$18,534$02023

Related Form 5500 pages