2023 Form 5500 filing — Best Plumbing Specialties 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 20241003135441NAL0010635681001) for Best Plumbing Specialties Profit Sharing Plan, reported by Best Plumbing Specialties, Inc under EIN 11-2064672 and plan number 001. It reports 145 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003135441NAL0010635681001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Best Plumbing Specialties, Inc
- EIN
- 11-2064672
- Plan number
- 001
- Location
- Myersville, MD
- Participants
- 145
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,414,275
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,414,275
- Employer contributions
- $298,696
- Participant contributions
- $759,483
- Total income / additions
- $2,936,343
- Benefits paid
- $1,858,854
- Administrative expenses
- $54,120
- Total expenses
- $1,938,278
- Net increase / (decrease)
- $998,065
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $53,091 | $0 |
| Mml Investors Services Inc | SHAREHOLDER SERVICE PROV | $0 | $30,275 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $1,029 | not reported in the loaded dataset |