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, Romco, Inc. Profit-Sharing Plan is a benefit plan reported by Romco Equipment Company under EIN 75-1316474 and plan number 001. The latest loaded filing year is 2023. The filing reports 427 participants and $27,704,238 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,704,238
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,704,238
- Net assets (BOY)
- $22,223,361
Income & contributions
- Employer contributions
- $747,555
- Participant contributions
- $2,403,224
- Total contributions
- $3,282,007
- Total income / additions
- $8,192,860
Expenses & distributions
- Benefits paid
- $2,692,406
- Administrative expenses
- $16,284
- Total expenses
- $2,711,983
- Net increase / (decrease)
- $5,480,877