2023 Form 5500 filing — Baker Electric 401(K) Retirement Savings Plan V
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 20241008112138NAL0017458897001) for Baker Electric 401(K) Retirement Savings Plan V, reported by Baker Electric & Renewables LLC under EIN 95-1853701 and plan number 005. It reports 350 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008112138NAL0017458897001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Baker Electric & Renewables LLC
- EIN
- 95-1853701
- Plan number
- 005
- Location
- Escondido, CA
- Participants
- 350
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,718,005
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,718,005
- Employer contributions
- $370,280
- Participant contributions
- $1,851,457
- Total income / additions
- $4,913,093
- Benefits paid
- $1,142,735
- Administrative expenses
- $94,202
- Total expenses
- $1,256,481
- Net increase / (decrease)
- $3,656,612
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $94,201 | $0 |
| Independent Financial Group LLC | INVESTMENT ADVISORY | $0 | $63,295 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |