2023 Form 5500 filing — Bi-Con Services, Inc. 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 20240828104726NAL0006755475001) for Bi-Con Services, Inc. 401(K) Profit Sharing Plan, reported by Bi-Con Services, Inc. under EIN 31-0795801 and plan number 001. It reports 475 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240828104726NAL0006755475001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bi-Con Services, Inc.
- EIN
- 31-0795801
- Plan number
- 001
- Location
- Derwent, OH
- Participants
- 475
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $59,438,259
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,438,259
- Employer contributions
- $1,985,749
- Participant contributions
- $2,586,714
- Total income / additions
- $13,392,413
- Benefits paid
- $3,930,307
- Administrative expenses
- $128,456
- Total expenses
- $4,058,763
- Net increase / (decrease)
- $9,333,650
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $113,458 | $0 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY | $0 | $67,799 |
| Schneider Downs | ACCOUNTANT | $15,000 | not reported in the loaded dataset |