A & B Electric Company Inc Employee Health Protection Plan — Form 5500 plan (A&B Electric Company 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, A & B Electric Company Inc Employee Health Protection Plan is a benefit plan reported by A&B Electric Company Inc under EIN 64-0560393 and plan number 501. The latest loaded filing year is 2023. The filing reports 73 participants and $38,313 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$38.3KPlan net assets, end of year$38,313
Participants73Covered participants reported
Assets / participant$525Computed: assets ÷ participants$525 (computed)
Provider compensationNone reported
Plan sponsor
A&B Electric Company Inc
EIN
64-0560393
Plan number
501
Plan type
2
Location
Meridian, MS
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202373I20241015102357NAL0014395587001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$38.3K total assets
Net assets$38.3KLiabilities
Money in vs. money out
Total income / additions$679.4K
Total expenses$706.9K
Benefits paid / distributions$657.7K
Contributions
Employer$350.8K
Participant$328.6K
Full reported line items

Net assets

Total assets (EOY)
$38,313
Net assets (EOY)
$38,313
Net assets (BOY)
$65,888

Income & contributions

Employer contributions
$350,796
Participant contributions
$328,571
Total income / additions
$679,367

Expenses & distributions

Benefits paid
$657,672
Administrative expenses
$49,270
Total expenses
$706,942
Net increase / (decrease)
-$27,575
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 52%Participant 48%
Total expenses ÷ net assets1845%Computed ratio
Benefits paid ÷ total income97%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages