Apg Electric, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Apg 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, Apg Electric, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Apg Electric, Inc under EIN 34-1412413 and plan number 002. The latest loaded filing year is 2023. The filing reports 419 participants and $32,629,351 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$32.6MPlan net assets, end of year$32,629,351
Participants419Covered participants reported
Assets / participant$77.9KComputed: assets ÷ participants$77,874 (computed)
Provider compensation$163.3K2 Schedule C provider row(s)$163,273
Plan sponsor
Apg Electric, Inc
EIN
34-1412413
Plan number
002
Plan type
2
Location
Clearwater, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023419H, C20241003124430NAL0004867091001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$32.6M total assets
Net assets$32.6MLiabilities$0
Money in vs. money out
Total income / additions$7.7M
Total expenses$2.3M
Benefits paid / distributions$2.2M
Contributions
Employer$1.2M
Participant$2.3M
Full reported line items

Net assets

Total assets (EOY)
$32,629,351
Total liabilities (EOY)
$0
Net assets (EOY)
$32,629,351
Net assets (BOY)
$27,208,740

Income & contributions

Employer contributions
$1,152,477
Participant contributions
$2,304,925
Total contributions
$3,457,402
Total income / additions
$7,680,655

Expenses & distributions

Benefits paid
$2,219,509
Administrative expenses
$34,355
Total expenses
$2,260,044
Net increase / (decrease)
$5,420,611
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 33%Participant 67%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lvz IncINVESTMENT ADVISOR$125,567not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$37,706$02023

Related Form 5500 pages