2023 Form 5500 filing — The Barkan Companies 401(K) 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 20241011083817NAL0038220496001) for The Barkan Companies 401(K) Plan, reported by Barkan Management Company, Inc. under EIN 04-2724804 and plan number 001. It reports 765 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011083817NAL0038220496001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Barkan Management Company, Inc.
- EIN
- 04-2724804
- Plan number
- 001
- Location
- Newton, MA
- Participants
- 765
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $40,679,977
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $40,679,977
- Employer contributions
- $1,232,114
- Participant contributions
- $3,030,206
- Total income / additions
- $9,821,043
- Benefits paid
- $3,621,324
- Administrative expenses
- -$13,383
- Total expenses
- $3,618,375
- Net increase / (decrease)
- $6,202,668
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mml Investor Services LLC | ADVISOR | $0 | $42,341 |
| Fidelity Investments Institutional | RECORDKEEPER | -$13,383 | $0 |