2023 Form 5500 filing — Broome Co-Operative Insurance 401(K) Profit Sharing Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240515110149NAL0083123154001) for Broome Co-Operative Insurance 401(K) Profit Sharing Plan, reported by Broome Co-Operative Insurance Company under EIN 15-0553385 and plan number 001. It reports 11 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$1.7MReported net assets$1,686,718
Participants11
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240515110149NAL0083123154001
Plan sponsor
Broome Co-Operative Insurance Company
EIN
15-0553385
Plan number
001
Location
Vestal, NY
Received date
not reported in the loaded dataset
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$1.7M total assets
Net assets$1.7MLiabilities$0
Money in vs. money out
Total income / additions$426K
Total expenses$11.6K
Benefits paid / distributions$1.4K
Contributions
Employer$100.2K
Participant$82.4K
Full reported line items
Total assets (EOY)
$1,686,718
Total liabilities (EOY)
$0
Net assets (EOY)
$1,686,718
Employer contributions
$100,181
Participant contributions
$82,384
Total income / additions
$426,032
Benefits paid
$1,389
Administrative expenses
$10,202
Total expenses
$11,591
Net increase / (decrease)
$414,441

Related Form 5500 pages