2023 Form 5500 filing — Bama 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 20240920144101NAL0015701522001) for Bama Profit Sharing Plan, reported by The Bama Companies, Inc. under EIN 73-0988323 and plan number 001. It reports 1,130 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240920144101NAL0015701522001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Bama Companies, Inc.
- EIN
- 73-0988323
- Plan number
- 001
- Location
- Tulsa, OK
- Participants
- 1,130
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $71,260,867
- Total liabilities (EOY)
- $57,835
- Net assets (EOY)
- $71,203,032
- Employer contributions
- $627,300
- Participant contributions
- $3,468,986
- Total income / additions
- $14,272,981
- Benefits paid
- $5,929,896
- Administrative expenses
- $213,999
- Total expenses
- $6,192,173
- Net increase / (decrease)
- $8,080,808
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $126,105 | $0 |
| Pension Consultants Inc | NONE | $71,737 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | NONE | $16,157 | not reported in the loaded dataset |