2023 Form 5500 filing — Binford Metals 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 20240930113304NAL0005480785001) for Binford Metals 401(K) Plan, reported by Binford Metals L.L.C. under EIN 47-0930848 and plan number 001. It reports 167 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240930113304NAL0005480785001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Binford Metals L.L.C.
- EIN
- 47-0930848
- Plan number
- 001
- Location
- Auburn, WA
- Participants
- 167
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,792,608
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,792,608
- Employer contributions
- $296,451
- Participant contributions
- $377,477
- Total income / additions
- $1,243,775
- Benefits paid
- $141,978
- Administrative expenses
- $26,623
- Total expenses
- $168,601
- Net increase / (decrease)
- $1,075,174
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $23,347 | $0 |
| Cetera Investment Services LLC | BROKER/ ADVISER | $0 | $10,019 |
| Farmer & Betts, Inc. | CONTRACT ADMIN | $2,495 | $4,100 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,070 | not reported in the loaded dataset |
| Mornngstar Inc. | OTHER | $810 | not reported in the loaded dataset |