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, Bergstrom Electric, Inc. 401(K) Plan is a benefit plan reported by Bergstrom Electric, Inc. under EIN 45-0332406 and plan number 001. The latest loaded filing year is 2023. The filing reports 177 participants and $14,673,138 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,673,138
- Total liabilities (EOY)
- $10,178
- Net assets (EOY)
- $14,662,960
- Net assets (BOY)
- $12,317,849
Income & contributions
- Employer contributions
- $306,859
- Participant contributions
- $794,101
- Total contributions
- $1,100,960
- Total income / additions
- $3,358,078
Expenses & distributions
- Benefits paid
- $947,341
- Administrative expenses
- $65,626
- Total expenses
- $1,012,967
- Net increase / (decrease)
- $2,345,111