2023 Form 5500 filing — Smith Brothers Insurance, LLC 401(K) Retirement 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 20240730101949NAL0011720019001) for Smith Brothers Insurance, LLC 401(K) Retirement Plan, reported by Smith Brothers Insurance, LLC under EIN 06-0391040 and plan number 002. It reports 236 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240730101949NAL0011720019001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Smith Brothers Insurance, LLC
- EIN
- 06-0391040
- Plan number
- 002
- Location
- Glastonbury, CT
- Participants
- 236
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,242,941
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,242,941
- Employer contributions
- $467,145
- Participant contributions
- $1,967,261
- Total income / additions
- $6,242,402
- Benefits paid
- $5,183,511
- Administrative expenses
- $103,900
- Total expenses
- $5,299,799
- Net increase / (decrease)
- $942,603
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $70,803 | $0 |
| Smith Brothers Financial, LLC | INVESTMENT ADVISOR | $29,171 | not reported in the loaded dataset |
| Pension Consultants, Inc. | THIRD PARTY ADMIN | $6,360 | $12,395 |