Taft Electric Company, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Taft 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, Taft Electric Company, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Taft Electric Company, Inc. under EIN 77-0007216 and plan number 004. The latest loaded filing year is 2023. The filing reports 161 participants and $13,324,211 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Taft Electric Company, Inc.
- EIN
- 77-0007216
- Plan number
- 004
- Plan type
- 2
- Location
- Ventura, CA
- Latest filing year
- 2023
- Participants
- 161
- End-of-year plan assets
- $13,324,211
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 161 | H, C | 20241015140530NAL0016576483001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,324,211
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,324,211
- Net assets (BOY)
- $11,041,364
Income & contributions
- Employer contributions
- $384,118
- Participant contributions
- $913,375
- Total contributions
- $1,297,493
- Total income / additions
- $3,056,760
Expenses & distributions
- Benefits paid
- $710,410
- Administrative expenses
- $24,932
- Total expenses
- $773,913
- Net increase / (decrease)
- $2,282,847
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $18,307 | $0 | 2023 |
| Usi Advisors Inc | ADVISOR | $6,625 | not reported in the loaded dataset | 2023 |
| Usi Securities Inc | ADVISOR | $0 | $0 | 2023 |
| Cetera Advisor Networks LLC | ADVISOR | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Taft Electric Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Ventura, CA
- Fidelity Investments Institutional — Schedule C compensation
- Usi Advisors Inc — Schedule C compensation
- Usi Securities Inc — Schedule C compensation
- Cetera Advisor Networks LLC — Schedule C compensation