2023 Form 5500 filing — Brownells, Inc. 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 20240711110626NAL0016064737001) for Brownells, Inc. 401(K) Plan, reported by Brownells, Inc. under EIN 42-0838235 and plan number 002. It reports 509 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240711110626NAL0016064737001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Brownells, Inc.
- EIN
- 42-0838235
- Plan number
- 002
- Location
- Grinnell, IA
- Participants
- 509
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,407,586
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,407,586
- Employer contributions
- $909,330
- Participant contributions
- $1,322,793
- Total income / additions
- $5,714,922
- Benefits paid
- $4,746,059
- Administrative expenses
- $119,295
- Total expenses
- $4,865,354
- Net increase / (decrease)
- $849,568
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Soltis Investmnet Advisors LLC | ADVISORS | $59,786 | not reported in the loaded dataset |
| Newport Group, Inc. | RECORDKEEPER | $47,840 | $0 |
| Newport Trust Company | TRUSTEE | $11,666 | $0 |