2023 Form 5500 filing — Billows Electric Supply Company, 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 20240909124128NAL0007738784001) for Billows Electric Supply Company, Inc. 401(K) Profit Sharing Plan, reported by Billows Electric Supply Company, Inc. under EIN 23-2484225 and plan number 001. It reports 292 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240909124128NAL0007738784001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Billows Electric Supply Company, Inc.
- EIN
- 23-2484225
- Plan number
- 001
- Location
- Delran, NJ
- Participants
- 292
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $235,374
- Participant contributions
- $839,244
- Total income / additions
- $2,915,249
- Benefits paid
- $6,163,532
- Administrative expenses
- $62,919
- Total expenses
- $6,226,451
- Net increase / (decrease)
- -$3,311,202
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $85,702 | $0 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $47,922 | $0 |
| Morgan Stanley Global | INVESTMENT ADVISORY | $32,497 | not reported in the loaded dataset |
| Capfinancial Partners, L | INVESTMENT ADVISORY | $15,000 | not reported in the loaded dataset |