Spc Mechanical Corporation Retirement Savings Plan — Form 5500 plan (Spc Mechanical Corporation)
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, Spc Mechanical Corporation Retirement Savings Plan is a benefit plan reported by Spc Mechanical Corporation under EIN 56-0999897 and plan number 001. The latest loaded filing year is 2023. The filing reports 442 participants and $12,551,999 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Spc Mechanical Corporation
- EIN
- 56-0999897
- Plan number
- 001
- Plan type
- 2
- Location
- Wendell, NC
- Latest filing year
- 2023
- Participants
- 442
- End-of-year plan assets
- $12,551,999
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 442 | H, C | 20241014124609NAL0026178561001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,551,999
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,551,999
- Net assets (BOY)
- $10,422,909
Income & contributions
- Employer contributions
- $592,555
- Participant contributions
- $891,286
- Total contributions
- $1,625,088
- Total income / additions
- $3,318,116
Expenses & distributions
- Benefits paid
- $1,124,645
- Administrative expenses
- $64,381
- Total expenses
- $1,189,026
- Net increase / (decrease)
- $2,129,090
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Axa Equitable Life Insurance Co. | RECORDKEEPER | $64,381 | $23,901 | 2023 |