Scott Equipment Company Employees 401(K) Profit Sharing Plan — Form 5500 plan (Scott Equipment Co.)
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, Scott Equipment Company Employees 401(K) Profit Sharing Plan is a benefit plan reported by Scott Equipment Co. under EIN 41-0904660 and plan number 001. The latest loaded filing year is 2023. The filing reports 139 participants and $21,616,193 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Scott Equipment Co.
- EIN
- 41-0904660
- Plan number
- 001
- Plan type
- 2
- Location
- New Prague, MN
- Latest filing year
- 2023
- Participants
- 139
- End-of-year plan assets
- $21,616,193
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 139 | H, C | 20241014171826NAL0054607122001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,616,193
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,616,193
- Net assets (BOY)
- $18,074,054
Income & contributions
- Employer contributions
- $716,219
- Participant contributions
- $816,647
- Total contributions
- $1,705,886
- Total income / additions
- $4,354,720
Expenses & distributions
- Benefits paid
- $739,314
- Administrative expenses
- $73,267
- Total expenses
- $812,581
- Net increase / (decrease)
- $3,542,139
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wilshire Associates Inc | RIA,IA | $38,497 | not reported in the loaded dataset | 2023 |
| John Hancock Usa | RECORDKEEPER | $34,770 | $0 | 2023 |