Abco Automation, Inc. Employee Stock Ownership Plan — Form 5500 plan (Abco Automation, 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, Abco Automation, Inc. Employee Stock Ownership Plan is a benefit plan reported by Abco Automation, Inc. under EIN 56-1529470 and plan number 002. The latest loaded filing year is 2023. The filing reports 156 participants and $7,938,156 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Abco Automation, Inc.
- EIN
- 56-1529470
- Plan number
- 002
- Plan type
- 2
- Location
- Browns Summit, NC
- Latest filing year
- 2023
- Participants
- 156
- End-of-year plan assets
- $7,938,156
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 156 | H | 20240911122653NAL0003638803001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,938,156
- Total liabilities (EOY)
- $1,729,282
- Net assets (EOY)
- $6,208,874
- Net assets (BOY)
- $5,947,639
Income & contributions
- Employer contributions
- $1,057,495
- Total contributions
- $1,057,495
- Total income / additions
- $892,012
Expenses & distributions
- Benefits paid
- $520,172
- Administrative expenses
- $0
- Total expenses
- $630,777
- Net increase / (decrease)
- $261,235
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.