Young Plumbing & Heating Co. Profit Sharing Plan — Form 5500 plan (Young Plumbing & Heating 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, Young Plumbing & Heating Co. Profit Sharing Plan is a benefit plan reported by Young Plumbing & Heating Co. under EIN 42-0929389 and plan number 002. The latest loaded filing year is 2023. The filing reports 131 participants and $33,608,936 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Young Plumbing & Heating Co.
- EIN
- 42-0929389
- Plan number
- 002
- Plan type
- 2
- Location
- Waterloo, IA
- Latest filing year
- 2023
- Participants
- 131
- End-of-year plan assets
- $33,608,936
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 131 | H, C | 20241015094028NAL0048698976001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $33,608,936
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,608,936
- Net assets (BOY)
- $29,724,954
Income & contributions
- Employer contributions
- $985,090
- Participant contributions
- $553,738
- Total contributions
- $1,538,828
- Total income / additions
- $5,678,625
Expenses & distributions
- Benefits paid
- $1,793,993
- Administrative expenses
- $650
- Total expenses
- $1,794,643
- Net increase / (decrease)
- $3,883,982
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Accel Wealth Management | INVESTMENT ADVISORY | $0 | $57,400 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $650 | $0 | 2023 |