Racom Corporation Retirement Plan — Form 5500 plan (Eastern Communications Ltd, LLC)

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, Racom Corporation Retirement Plan is a benefit plan reported by Eastern Communications Ltd, LLC under EIN 42-1250382 and plan number 001. The latest loaded filing year is 2023. The filing reports 192 participants and $12,087,738 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Eastern Communications Ltd, LLC
EIN
42-1250382
Plan number
001
Plan type
2
Location
Marshalltown, IA
Latest filing year
2023
Participants
192
End-of-year plan assets
$12,087,738

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023192H, C20241014123538NAL0026153089001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,087,738
Total liabilities (EOY)
$0
Net assets (EOY)
$12,087,738
Net assets (BOY)
$10,142,625

Income & contributions

Employer contributions
$349,984
Participant contributions
$764,588
Total contributions
$1,555,184
Total income / additions
$3,302,020

Expenses & distributions

Benefits paid
$1,309,071
Administrative expenses
$47,836
Total expenses
$1,356,907
Net increase / (decrease)
$1,945,113

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$47,836$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages