Electro-Matic Ventures, Inc., Profit Sharing & 401(K) Plan — Form 5500 plan (Electro-Matic, Ventures, 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, Electro-Matic Ventures, Inc., Profit Sharing & 401(K) Plan is a benefit plan reported by Electro-Matic, Ventures, Inc under EIN 38-1993343 and plan number 001. The latest loaded filing year is 2023. The filing reports 287 participants and $32,876,134 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Electro-Matic, Ventures, Inc
- EIN
- 38-1993343
- Plan number
- 001
- Plan type
- 2
- Location
- Farmington Hills, MI
- Latest filing year
- 2023
- Participants
- 287
- End-of-year plan assets
- $32,876,134
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 287 | H, C | 20250715123850NAL0004645682001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,876,134
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,876,134
- Net assets (BOY)
- $28,298,260
Income & contributions
- Employer contributions
- $324,672
- Participant contributions
- $1,096,715
- Total contributions
- $1,710,335
- Total income / additions
- $9,099,981
Expenses & distributions
- Benefits paid
- $4,402,003
- Administrative expenses
- $71,178
- Total expenses
- $4,522,107
- Net increase / (decrease)
- $4,577,874
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ubs Financial Services Inc. | INVESTMENT ADVISOR | $43,411 | not reported in the loaded dataset | 2023 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $21,816 | $0 | 2023 |
| Pentegra Services | TPA | $10,142 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Electro-Matic, Ventures, Inc
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Farmington Hills, MI
- Ubs Financial Services Inc. — Schedule C compensation
- Empower Annuity Ins Co Of America — Schedule C compensation
- Pentegra Services — Schedule C compensation