Taft Electric Company Employee Stock Ownership 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 Employee Stock Ownership Plan is a benefit plan reported by Taft Electric Company, Inc. under EIN 77-0007216 and plan number 005. The latest loaded filing year is 2023. The filing reports 203 participants and $43,261,298 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
- 005
- Plan type
- 2
- Location
- Ventura, CA
- Latest filing year
- 2023
- Participants
- 203
- End-of-year plan assets
- $43,261,298
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 203 | H | 20241015144220NAL0049973776001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $43,261,298
- Total liabilities (EOY)
- $14,316,415
- Net assets (EOY)
- $28,944,883
- Net assets (BOY)
- $22,393,757
Income & contributions
- Employer contributions
- $933,620
- Total contributions
- $933,620
- Total income / additions
- $7,073,680
Expenses & distributions
- Benefits paid
- $114,098
- Administrative expenses
- $304
- Total expenses
- $522,554
- Net increase / (decrease)
- $6,551,126
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.