Tri County Equipment 401(K) Plan — Form 5500 plan (Tri County Equipment)

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, Tri County Equipment 401(K) Plan is a benefit plan reported by Tri County Equipment under EIN 38-2795820 and plan number 001. The latest loaded filing year is 2023. The filing reports 153 participants and $10,105,755 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.1MPlan net assets, end of year$10,105,447
Participants153Covered participants reported
Assets / participant$66.1KComputed: assets ÷ participants$66,051 (computed)
Provider compensation$1.1K1 Schedule C provider row(s)$1,050
Plan sponsor
Tri County Equipment
EIN
38-2795820
Plan number
001
Plan type
3
Location
Sandusky, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023153H, C20240731132628NAL0022296433001
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)$10.1M total assets
Net assets$10.1MLiabilities$308
Money in vs. money out
Total income / additions$1.8M
Total expenses$493K
Benefits paid / distributions$465.4K
Contributions
Employer$202.8K
Participant$439.5K
Full reported line items

Net assets

Total assets (EOY)
$10,105,755
Total liabilities (EOY)
$308
Net assets (EOY)
$10,105,447
Net assets (BOY)
$8,806,506

Income & contributions

Employer contributions
$202,756
Participant contributions
$439,527
Total contributions
$645,558
Total income / additions
$1,791,912

Expenses & distributions

Benefits paid
$465,420
Administrative expenses
$2,200
Total expenses
$492,971
Net increase / (decrease)
$1,298,941
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 32%Participant 68%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income26%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John HancockRECORDKEEPER$1,050not reported in the loaded dataset2023

Related Form 5500 pages