Area Energy & Electric, Inc. Profit Sharing Plan — Form 5500 plan (Area Energy & Electric, 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, Area Energy & Electric, Inc. Profit Sharing Plan is a benefit plan reported by Area Energy & Electric, Inc. under EIN 34-1403836 and plan number 003. The latest loaded filing year is 2023. The filing reports 407 participants and $33,995,023 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Area Energy & Electric, Inc.
- EIN
- 34-1403836
- Plan number
- 003
- Plan type
- 2
- Location
- Sidney, OH
- Latest filing year
- 2023
- Participants
- 407
- End-of-year plan assets
- $33,995,023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 407 | H, C | 20250128115228NAL0022894240001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $33,995,023
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,995,023
- Net assets (BOY)
- $28,929,912
Income & contributions
- Employer contributions
- $441,592
- Participant contributions
- $2,400,955
- Total contributions
- $2,863,640
- Total income / additions
- $6,951,548
Expenses & distributions
- Benefits paid
- $1,842,178
- Administrative expenses
- $44,259
- Total expenses
- $1,886,437
- Net increase / (decrease)
- $5,065,111
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Everhart Financial Group Inc Everha | INVESTMENT ADVISOR | $31,087 | not reported in the loaded dataset | 2023 |
| Flagel, Huber, Flagel, And Co | AUDITOR | $12,000 | not reported in the loaded dataset | 2023 |
| Jpmorgan Invest Holdings LLC | RECORDKEEPER | $1,172 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Area Energy & Electric, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Sidney, OH
- Everhart Financial Group Inc Everha — Schedule C compensation
- Flagel, Huber, Flagel, And Co — Schedule C compensation
- Jpmorgan Invest Holdings LLC — Schedule C compensation