Power Systems & Controls, Inc. Employee Stock Ownership And Savings Plan — Form 5500 plan (Power Systems & Controls, Inc.)

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, Power Systems & Controls, Inc. Employee Stock Ownership And Savings Plan is a benefit plan reported by Power Systems & Controls, Inc. under EIN 54-0790452 and plan number 002. The latest loaded filing year is 2023. The filing reports 157 participants and $9,918,240 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Power Systems & Controls, Inc.
EIN
54-0790452
Plan number
002
Plan type
2
Location
Henrico, VA
Latest filing year
2023
Participants
157
End-of-year plan assets
$9,918,240

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023157H, C20250807190117NAL0003724337001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,918,240
Total liabilities (EOY)
$2,278
Net assets (EOY)
$9,915,962
Net assets (BOY)
$9,999,600

Income & contributions

Employer contributions
$95,759
Participant contributions
$217,716
Total contributions
$313,475
Total income / additions
$812,038

Expenses & distributions

Benefits paid
$868,857
Administrative expenses
$22,473
Total expenses
$895,676
Net increase / (decrease)
-$83,638

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Global Retirement Partners, LLCINVESTMENT ADVISORY$15,210$22023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$8,582$02023

Related Form 5500 pages