Goodman Companies Retirement Profit Sharing Plan — Form 5500 plan (Eaton Steel Bar Company)
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, Goodman Companies Retirement Profit Sharing Plan is a benefit plan reported by Eaton Steel Bar Company under EIN 38-3274875 and plan number 001. The latest loaded filing year is 2023. The filing reports 244 participants and $24,965,410 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$25MPlan net assets, end of year$24,965,410
Participants244Covered participants reported
Assets / participant$102.3KComputed: assets ÷ participants$102,317 (computed)
Provider compensation$133.2K1 Schedule C provider row(s)$133,200
- Plan sponsor
- Eaton Steel Bar Company
- EIN
- 38-3274875
- Plan number
- 001
- Plan type
- 2
- Location
- Oak Park, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 244 | H, C | 20240805111506NAL0001019345001 |
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)$25M total assets
Net assets$25MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $24,965,410
- Net assets (EOY)
- $24,965,410
- Net assets (BOY)
- $24,026,319
Income & contributions
- Employer contributions
- $1,193,989
- Total contributions
- $1,193,989
- Total income / additions
- $4,768,714
Expenses & distributions
- Benefits paid
- $3,691,990
- Administrative expenses
- $137,633
- Total expenses
- $3,829,623
- Net increase / (decrease)
- $939,091
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 assets15%Computed ratio
Benefits paid ÷ total income77%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hack Wealth Management | ASSET MGMT | $133,200 | not reported in the loaded dataset | 2023 |