2023 Form 5500 filing — Demco 401(K) Retirement Savings & Investment 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 20241007101648NAL0008779139001) for Demco 401(K) Retirement Savings & Investment Plan, reported by Demco New York Corp. under EIN 16-1375424 and plan number 002. It reports 171 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007101648NAL0008779139001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Demco New York Corp.
- EIN
- 16-1375424
- Plan number
- 002
- Location
- East Syracuse, NY
- Participants
- 171
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,657,708
- Net assets (EOY)
- $10,657,708
- Employer contributions
- $121,045
- Participant contributions
- $428,907
- Total income / additions
- $2,062,382
- Benefits paid
- $1,506,311
- Administrative expenses
- $69,784
- Total expenses
- $1,577,579
- Net increase / (decrease)
- $484,803
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Actuarial Pension Analysts | THIRD PARTY ADMINISTRATO | $6,640 | not reported in the loaded dataset |
| John Hancock New York | RECORDKEEPER | $660 | not reported in the loaded dataset |