Staff Electric Co, Inc. Employees' Profit Sharing Retirement Plan And Trust — Form 5500 plan (Staff Electric Co., 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, Staff Electric Co, Inc. Employees' Profit Sharing Retirement Plan And Trust is a benefit plan reported by Staff Electric Co., Inc. under EIN 39-0629300 and plan number 001. The latest loaded filing year is 2023. The filing reports 120 participants and $22,260,233 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Staff Electric Co., Inc.
- EIN
- 39-0629300
- Plan number
- 001
- Plan type
- 2
- Location
- Menomonee Falls, WI
- Latest filing year
- 2023
- Participants
- 120
- End-of-year plan assets
- $22,260,233
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 120 | H, C | 20250908142401NAL0019396561001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,260,233
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,260,233
- Net assets (BOY)
- $17,300,297
Income & contributions
- Employer contributions
- $2,278,644
- Participant contributions
- $734,170
- Total contributions
- $3,022,956
- Total income / additions
- $6,859,584
Expenses & distributions
- Benefits paid
- $1,822,295
- Administrative expenses
- $77,353
- Total expenses
- $1,899,648
- Net increase / (decrease)
- $4,959,936
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $38,180 | $0 | 2023 |
| Johnson Bank | NONE | $37,493 | $0 | 2023 |
| Map Retirement | CONTRACT ADMINISTRATOR | $1,500 | $20,125 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY | $0 | $18,810 | 2023 |
| Wellth Advisory Services, LLC | INVESTMENT ADVISORY | $0 | $10,070 | 2023 |
| Morningstar Investment Management | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Staff Electric Co., Inc.
- 2023 Form 5500 filing
- Form 5500 filings in WI
- 401(k) and benefit plan filings in Menomonee Falls, WI
- Principal Life Insurance Company — Schedule C compensation
- Johnson Bank — Schedule C compensation
- Map Retirement — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Wellth Advisory Services, LLC — Schedule C compensation
- Morningstar Investment Management — Schedule C compensation