2023 Form 5500 filing — Baker Distributing Corporation 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 20240926133124NAL0000450323001) for Baker Distributing Corporation 401(K) Profit Sharing Plan, reported by Baker Distributing Corporation under EIN 03-0215576 and plan number 001. It reports 350 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926133124NAL0000450323001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Baker Distributing Corporation
- EIN
- 03-0215576
- Plan number
- 001
- Location
- North Clarendon, VT
- Participants
- 350
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,180,224
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,180,224
- Employer contributions
- $90,005
- Participant contributions
- $242,260
- Total income / additions
- $1,984,744
- Benefits paid
- $1,459,416
- Administrative expenses
- $50,562
- Total expenses
- $1,509,978
- Net increase / (decrease)
- $474,766
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Retirement Services, Inc. | NONE | $26,041 | not reported in the loaded dataset |
| Citigroup Global Markets, Inc. | NONE | $23,863 | not reported in the loaded dataset |
| Newport Trust Company | NONE | $0 | not reported in the loaded dataset |