Advantage Electric & Controls, Inc. Employee Stock Ownership Plan — Form 5500 plan (Advantage Electric & Controls, 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, Advantage Electric & Controls, Inc. Employee Stock Ownership Plan is a benefit plan reported by Advantage Electric & Controls, Inc. under EIN 38-3453245 and plan number 002. The latest loaded filing year is 2023. The filing reports 59 participants and $8,920,086 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Advantage Electric & Controls, Inc.
- EIN
- 38-3453245
- Plan number
- 002
- Plan type
- 2
- Location
- Shelby Township, MI
- Latest filing year
- 2023
- Participants
- 59
- End-of-year plan assets
- $8,920,086
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 59 | I | 20241001112705NAL0013792898001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $8,920,086
- Total liabilities (EOY)
- $14,052,183
- Net assets (EOY)
- -$5,132,097
- Net assets (BOY)
- -$10,550,859
Income & contributions
- Employer contributions
- $826,276
- Total income / additions
- $5,706,277
Expenses & distributions
- Benefits paid
- $5,910
- Total expenses
- $287,515
- Net increase / (decrease)
- $5,418,762
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.