How big is Garnet Electric Co., Inc.'s plan?

Garnet Electric Co., Inc.'s plan reported $1.7M in assets and 7 participants for 2024.

Original filing (PDF)20250401101601NAL0003959763001

Garnet Electric Co., Inc.

Name: Garnet Electric Co., Inc. — Garnet Electric Co., Form 5500 (2024)
Creator: Garnet Electric Co., Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Garnet Electric Co., Inc. Profit Sharing Plan

401(k) retirement plan · Garnet Electric Co., Inc.'s Garnet Electric Co., Inc. Profit Sharing Plan held $1.7M in plan assets for 7 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$1.7M

Net assets (EOY)

$1.7M

Plan identifiers

Garnet Electric Co., Inc.'s EIN is 63-0644997.

EIN 63-0644997

Plan number 002

Plan year 2024

ACK ID 20250401101601NAL0003959763001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Garnet Electric Co., Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Garnet Electric Co., Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High account-holder ratio — balance-holders per active participant in the top 15% of peers (89th percentile).

Plan sponsor

Name

GARNET ELECTRIC CO., INC.

EIN

all filings

Address

1615 EAST STATE STREET · SHEFFIELD, AL · 35660

Phone

(256) 381-4062

Industry

Manufacturing

Plan administrator