2023 Form 5500 filing — Employees Savings Plan Of Bonset America Corporation
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 20240808080933NAL0002619715001) for Employees Savings Plan Of Bonset America Corporation, reported by Bonset America Corporation under EIN 56-1645992 and plan number 001. It reports 174 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240808080933NAL0002619715001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bonset America Corporation
- EIN
- 56-1645992
- Plan number
- 001
- Location
- Browns Summit, NC
- Participants
- 174
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,386,377
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,386,377
- Employer contributions
- $474,111
- Participant contributions
- $811,737
- Total income / additions
- $3,742,659
- Benefits paid
- $2,205,511
- Administrative expenses
- $47,187
- Total expenses
- $2,252,698
- Net increase / (decrease)
- $1,489,961
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $26,130 | $0 |
| Mma Securities LLC | INVESTMENT ADVISOR | $14,000 | not reported in the loaded dataset |
| Lpl Financial | INVESTMENT ADVISOR | $7,000 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $57 | not reported in the loaded dataset |