2023 Form 5500 filing — Eastern Metal Supply, 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 20241001121641NAL0011536352001) for Eastern Metal Supply, Inc. 401(K) Profit Sharing Plan, reported by Eastern Metal Supply, Inc. under EIN 59-2249307 and plan number 001. It reports 1,000 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001121641NAL0011536352001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Eastern Metal Supply, Inc.
- EIN
- 59-2249307
- Plan number
- 001
- Location
- Lake Worth, FL
- Participants
- 1,000
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $45,768,346
- Total liabilities (EOY)
- $126,306
- Net assets (EOY)
- $45,642,040
- Employer contributions
- $1,025,903
- Participant contributions
- $3,040,618
- Total income / additions
- $10,615,489
- Benefits paid
- $2,851,199
- Administrative expenses
- $155,388
- Total expenses
- $3,074,748
- Net increase / (decrease)
- $7,540,741
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $77,558 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $57,527 | not reported in the loaded dataset |
| Triad Advisors Inc | BROKER/ADVISER | $0 | $40,330 |
| Leafhouse Financial Advisors, LLC | OTHER | $20,303 | not reported in the loaded dataset |
| Massachusetts Mutual Life Ins Comp | BROKER/ADVISER | $0 | $13,443 |