Oilmen'S Equipment Corporation Profit Sharing And 401(K) Savings Plan — Form 5500 plan (Oilmen'S Equipment 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, Oilmen'S Equipment Corporation Profit Sharing And 401(K) Savings Plan is a benefit plan reported by Oilmen'S Equipment Corporation under EIN 57-0667804 and plan number 001. The latest loaded filing year is 2023. The filing reports 145 participants and $15,327,594 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Oilmen'S Equipment Corporation
- EIN
- 57-0667804
- Plan number
- 001
- Plan type
- 2
- Location
- Spartanburg, SC
- Latest filing year
- 2023
- Participants
- 145
- End-of-year plan assets
- $15,327,594
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 145 | H, C | 20241014170838NAL0026797825001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,327,594
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,327,594
- Net assets (BOY)
- $13,801,681
Income & contributions
- Employer contributions
- $355,139
- Participant contributions
- $709,505
- Total contributions
- $1,201,252
- Total income / additions
- $3,403,871
Expenses & distributions
- Benefits paid
- $1,814,061
- Administrative expenses
- $55,922
- Total expenses
- $1,877,958
- Net increase / (decrease)
- $1,525,913
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Synovus Trust Company | INVESTMENT ADVISOR | $31,659 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $23,762 | $0 | 2023 |