2023 Form 5500 filing — Broussard Brothers, 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 20241007134938NAL0016184337001) for Broussard Brothers, Inc. 401(K) Profit Sharing Plan, reported by Broussard Brothers, Inc. under EIN 72-0723403 and plan number 002. It reports 864 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007134938NAL0016184337001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Broussard Brothers, Inc.
- EIN
- 72-0723403
- Plan number
- 002
- Location
- Abbeville, LA
- Participants
- 864
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,298,279
- Total liabilities (EOY)
- $47,567
- Net assets (EOY)
- $17,250,712
- Employer contributions
- $159,145
- Participant contributions
- $897,545
- Total income / additions
- $3,461,415
- Benefits paid
- $1,062,832
- Administrative expenses
- $101,974
- Total expenses
- $1,212,373
- Net increase / (decrease)
- $2,249,042
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley Global Banking | INVESTMENT ADVISORY SVC | $0 | $39,484 |
| Creative Retirement Systems, Inc. | THIRD PARTY ADMIN. | $0 | $7,898 |
| Voya Retirement Insurance | SERVICE PROVIDER | $510 | $0 |