2023 Form 5500 filing — Homedics 401(K) Savings 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 20240905141739NAL0010424275001) for Homedics 401(K) Savings Plan, reported by Fka Distributing Co., LLC under EIN 38-3205159 and plan number 001. It reports 310 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240905141739NAL0010424275001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Fka Distributing Co., LLC
- EIN
- 38-3205159
- Plan number
- 001
- Location
- Commerce Township, MI
- Participants
- 310
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,824,648
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,824,648
- Employer contributions
- $246,432
- Participant contributions
- $990,102
- Total income / additions
- $4,355,198
- Benefits paid
- $1,517,444
- Administrative expenses
- $85,218
- Total expenses
- $1,601,661
- Net increase / (decrease)
- $2,753,537
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $30,101 | $0 |
| Sigma Planning Corporation | INVESTMENT ADVISOR | $28,463 | not reported in the loaded dataset |
| Plante And Moran | AUDITOR | $15,000 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $8,512 | not reported in the loaded dataset |