2023 Form 5500 filing — Falcon Farms, Inc. 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 20241002081445NAL0016134834001) for Falcon Farms, Inc. 401(K) Plan, reported by Falcon Farms, Inc. under EIN 59-2789459 and plan number 001. It reports 492 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002081445NAL0016134834001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Falcon Farms, Inc.
- EIN
- 59-2789459
- Plan number
- 001
- Location
- Miami, FL
- Participants
- 492
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,960,244
- Total liabilities (EOY)
- $49,070
- Net assets (EOY)
- $6,911,174
- Employer contributions
- $277,458
- Participant contributions
- $622,221
- Total income / additions
- $1,573,352
- Benefits paid
- $484,562
- Administrative expenses
- $2,347
- Total expenses
- $535,979
- Net increase / (decrease)
- $1,037,373
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pension Services, Inc. | TPA | $0 | $3,011 |
| Empower Annuity Insurance Company | RECORDKEEPER | $2,224 | $0 |