2023 Form 5500 filing — Empire Merchants North Sales Union 401(K) 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 20240926111103NAL0000338483001) for Empire Merchants North Sales Union 401(K) Plan, reported by Empire Merchants North, LLC under EIN 20-8448427 and plan number 003. It reports 306 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926111103NAL0000338483001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Empire Merchants North, LLC
- EIN
- 20-8448427
- Plan number
- 003
- Location
- North Syracuse, NY
- Participants
- 306
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $40,412,895
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $40,412,895
- Employer contributions
- $908,584
- Participant contributions
- $1,386,576
- Total income / additions
- $8,075,309
- Benefits paid
- $4,260,983
- Administrative expenses
- $106,689
- Total expenses
- $4,367,672
- Net increase / (decrease)
- $3,707,637
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $54,386 | $0 |
| Advisor Investments LLC | INVESTMENT ADVISORY | $33,303 | not reported in the loaded dataset |
| Hkm | ACCOUNTANT | $19,000 | not reported in the loaded dataset |