Sachs Electric Company 401(K) Profit Sharing Plan — Form 5500 plan (Sachs Electric Company)
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, Sachs Electric Company 401(K) Profit Sharing Plan is a benefit plan reported by Sachs Electric Company under EIN 43-0911363 and plan number 002. The latest loaded filing year is 2023. The filing reports 279 participants and $65,912,847 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sachs Electric Company
- EIN
- 43-0911363
- Plan number
- 002
- Plan type
- 2
- Location
- Fenton, MO
- Latest filing year
- 2023
- Participants
- 279
- End-of-year plan assets
- $65,912,847
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 279 | H, C | 20241014163139NAL0015299715001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $65,912,847
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $65,912,847
- Net assets (BOY)
- $55,785,107
Income & contributions
- Employer contributions
- $727,587
- Participant contributions
- $1,705,611
- Total contributions
- $2,661,860
- Total income / additions
- $11,919,463
Expenses & distributions
- Benefits paid
- $1,780,182
- Administrative expenses
- $11,541
- Total expenses
- $1,791,723
- Net increase / (decrease)
- $10,127,740
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vanguard Advisers Inc. | NONE | $10,984 | not reported in the loaded dataset | 2023 |
| The Vanguard Group, Inc. | NONE | $1,293 | $0 | 2023 |