Us Conec Investment Plan — Form 5500 plan (Us Conec Ltd.)
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, Us Conec Investment Plan is a benefit plan reported by Us Conec Ltd. under EIN 56-1775843 and plan number 002. The latest loaded filing year is 2023. The filing reports 374 participants and $27,665,939 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Us Conec Ltd.
- EIN
- 56-1775843
- Plan number
- 002
- Plan type
- 2
- Location
- Hickory, NC
- Latest filing year
- 2023
- Participants
- 374
- End-of-year plan assets
- $27,665,939
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 374 | H, C | 20240731124644NAL0022232609001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,665,939
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,665,939
- Net assets (BOY)
- $24,389,953
Income & contributions
- Employer contributions
- $1,025,797
- Participant contributions
- $1,671,420
- Total contributions
- $2,731,037
- Total income / additions
- $6,724,930
Expenses & distributions
- Benefits paid
- $3,372,284
- Administrative expenses
- $59,951
- Total expenses
- $3,448,944
- Net increase / (decrease)
- $3,275,986
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Captrust Financial Advisors | NONE | $34,597 | not reported in the loaded dataset | 2023 |
| John Hancock Retirment Plan Svrcs | RETAINED BY EMPLOYER | $25,354 | $0 | 2023 |