Plan5500

Scott Companies Profit Sharing Plan — Form 5500 plan (Scott Equipment Company, LLC)

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, Scott Companies Profit Sharing Plan is a benefit plan reported by Scott Equipment Company, LLC under EIN 72-6029611 and plan number 001. The latest loaded filing year is 2023. The filing reports 470 participants and $51,879,881 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Scott Equipment Company, LLC
EIN
72-6029611
Plan number
001
Plan type
2
Location
Monroe, LA
Latest filing year
2023
Participants
470
End-of-year plan assets
$51,879,881

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023470H, C20241015182916NAL0017044803001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$51,879,881
Total liabilities (EOY)
$0
Net assets (EOY)
$51,879,881
Net assets (BOY)
$43,225,903

Income & contributions

Employer contributions
$1,916,289
Participant contributions
$2,608,184
Total contributions
$4,677,101
Total income / additions
$12,256,538

Expenses & distributions

Benefits paid
$3,538,188
Administrative expenses
$64,372
Total expenses
$3,602,560
Net increase / (decrease)
$8,653,978

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$64,372$02023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages