Excel Machinery Employee Stock Ownership Plan — Form 5500 plan (Excel Machinery Employee Stock Ownership 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, Excel Machinery Employee Stock Ownership Plan is a benefit plan reported by Excel Machinery Employee Stock Ownership Plan under EIN 86-0848813 and plan number 002. The latest loaded filing year is 2023. The filing reports 144 participants and $25,199,901 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Excel Machinery Employee Stock Ownership Plan
- EIN
- 86-0848813
- Plan number
- 002
- Plan type
- 2
- Location
- Amarillio, TX
- Latest filing year
- 2023
- Participants
- 144
- End-of-year plan assets
- $25,199,901
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 144 | H, C | 20241004102520NAL0006601779001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,199,901
- Total liabilities (EOY)
- $562,500
- Net assets (EOY)
- $24,637,401
- Net assets (BOY)
- $25,879,183
Income & contributions
- Employer contributions
- $240,296
- Total contributions
- $240,296
- Total income / additions
- -$529,247
Expenses & distributions
- Benefits paid
- $656,933
- Administrative expenses
- $28,236
- Total expenses
- $712,535
- Net increase / (decrease)
- -$1,241,782
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Symmetry Partners | FINANCE/INVESTING | $28,236 | not reported in the loaded dataset | 2023 |