2023 Form 5500 filing — The Benecon Group, LLC 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 20241009072338NAL0010405923001) for The Benecon Group, LLC 401(K) Profit Sharing Plan, reported by The Benecon Group, LLC under EIN 23-1315351 and plan number 001. It reports 244 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009072338NAL0010405923001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Benecon Group, LLC
- EIN
- 23-1315351
- Plan number
- 001
- Location
- Lititz, PA
- Participants
- 244
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,643,669
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,643,669
- Employer contributions
- $779,826
- Participant contributions
- $1,731,102
- Total income / additions
- $6,138,982
- Benefits paid
- $484,761
- Administrative expenses
- $62,992
- Total expenses
- $581,315
- Net increase / (decrease)
- $5,557,667
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Raymond James | INVESTMENT ADVISOR | $40,520 | not reported in the loaded dataset |
| Pa Retirement Solutions, Inc. | TPA | $14,431 | not reported in the loaded dataset |
| Empower Annuity Insurance Co. Of Am | RECORDKEEPER | $6,799 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,542 | not reported in the loaded dataset |
| Gwfs Equities Inc. | BROKER DEALER | $0 | $0 |