Allied Electric, Inc. 401(K) Savings And Retirement Plan — Form 5500 plan (Allied 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, Allied Electric, Inc. 401(K) Savings And Retirement Plan is a benefit plan reported by Allied Electric, Inc. under EIN 38-1889686 and plan number 001. The latest loaded filing year is 2023. The filing reports 172 participants and $14,097,711 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$14.1MPlan net assets, end of year$14,097,711
Participants172Covered participants reported
Assets / participant$82KComputed: assets ÷ participants$81,963 (computed)
Provider compensation$62.8K2 Schedule C provider row(s)$62,815
- Plan sponsor
- Allied Electric, Inc.
- EIN
- 38-1889686
- Plan number
- 001
- Plan type
- 2
- Location
- Grand Rapids, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 172 | H, C | 20241015131315NAL0057768946001 |
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)$14.1M total assets
Net assets$14.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $14,097,711
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,097,711
- Net assets (BOY)
- $12,848,499
Income & contributions
- Employer contributions
- $338,897
- Participant contributions
- $628,427
- Total contributions
- $995,192
- Total income / additions
- $3,017,400
Expenses & distributions
- Benefits paid
- $1,703,684
- Administrative expenses
- $64,504
- Total expenses
- $1,768,188
- Net increase / (decrease)
- $1,249,212
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.
35%65%
Employer 35%Participant 65%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income56%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Advisory Alpha, LLC | NONE | $59,511 | not reported in the loaded dataset | 2023 |
| Charles Schwab Bank | NONE | $3,304 | $0 | 2023 |