2023 Form 5500 filing — Newstead/Kreher Farms 401(K) 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 20240709135932NAL0007930643001) for Newstead/Kreher Farms 401(K) Plan, reported by Newstead Farms, Inc. under EIN 16-1350390 and plan number 001. It reports 319 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240709135932NAL0007930643001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Newstead Farms, Inc.
- EIN
- 16-1350390
- Plan number
- 001
- Location
- Clarence, NY
- Participants
- 319
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,311,756
- Total liabilities (EOY)
- $9,555
- Net assets (EOY)
- $14,302,201
- Employer contributions
- $417,266
- Participant contributions
- $787,332
- Total income / additions
- $3,185,613
- Benefits paid
- $892,980
- Administrative expenses
- $47,953
- Total expenses
- $946,455
- Net increase / (decrease)
- $2,239,158
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln Financial Advisors Corp | BROKER/ADVISO R | not reported in the loaded dataset | $30,205 |
| First Great-West Life And Annuit | RECORDKEEPER | $4,401 | not reported in the loaded dataset |
| Empower Advisory Group | INVESTMENT MGMT | $2,896 | $0 |