Red Spot Paint & Varnish Co., Inc. Retirement Income Plan — Form 5500 plan (Red Spot Paint & Varnish Co., 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, Red Spot Paint & Varnish Co., Inc. Retirement Income Plan is a benefit plan reported by Red Spot Paint & Varnish Co., Inc. under EIN 35-0604350 and plan number 001. The latest loaded filing year is 2023. The filing reports 133 participants and $8,995,897 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9MPlan net assets, end of year$8,983,448
Participants133Covered participants reported
Assets / participant$67.6KComputed: assets ÷ participants$67,638 (computed)
Provider compensation$94.2K2 Schedule C provider row(s)$94,245
Plan sponsor
Red Spot Paint & Varnish Co., Inc.
EIN
35-0604350
Plan number
001
Plan type
2
Location
Evansville, IN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023133H, C20240916153549NAL0002328848001
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)$9M total assets
Net assets$9MLiabilities$12.4K
Money in vs. money out
Total income / additions$1.4M
Total expenses$470.2K
Benefits paid / distributions$375.9K
Full reported line items

Net assets

Total assets (EOY)
$8,995,897
Total liabilities (EOY)
$12,449
Net assets (EOY)
$8,983,448
Net assets (BOY)
$8,055,752

Income & contributions

Total contributions
$0
Total income / additions
$1,397,856

Expenses & distributions

Benefits paid
$375,915
Administrative expenses
$94,245
Total expenses
$470,160
Net increase / (decrease)
$927,696
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.

Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income27%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Morgan StanleyNONE$71,748not reported in the loaded dataset2023
Old National Trust CompanyNONE$22,497not reported in the loaded dataset2023

Related Form 5500 pages