Masters Electrical Services 401(K) Plan — Form 5500 plan (Masters Electrical 401(K) Plan)
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, Masters Electrical Services 401(K) Plan is a benefit plan reported by Masters Electrical 401(K) Plan under EIN 74-2618930 and plan number 004. The latest loaded filing year is 2023. The filing reports 124 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$0Plan net assets, end of year
Participants124Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$23.3K4 Schedule C provider row(s)$23,314
- Plan sponsor
- Masters Electrical 401(K) Plan
- EIN
- 74-2618930
- Plan number
- 004
- Plan type
- 2
- Location
- Seguin, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 124 | H, C | 20260420112257NAL0000680499001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Full reported line items
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $1,308,019
Income & contributions
- Employer contributions
- $129,077
- Participant contributions
- $111,391
- Total contributions
- $240,468
- Total income / additions
- $386,593
Expenses & distributions
- Benefits paid
- $100,101
- Administrative expenses
- $23,154
- Total expenses
- $123,255
- Net increase / (decrease)
- $263,338
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.
54%46%
Employer 54%Participant 46%
Benefits paid ÷ total income26%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Selleck Accounting & Finance Pllc | AUDIT | $9,000 | not reported in the loaded dataset | 2023 |
| Transamerica Life Insurance Company | RECORDKEEPER | $7,982 | $0 | 2023 |
| David K. Young Consulting, LLC | RECORDKEEPER | $5,662 | $0 | 2023 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISORY-PLAN | $670 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Masters Electrical 401(K) Plan
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Seguin, TX
- Selleck Accounting & Finance Pllc — Schedule C compensation
- Transamerica Life Insurance Company — Schedule C compensation
- David K. Young Consulting, LLC — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation