2023 Form 5500 filing — Carmel Partners, 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 20241011143855NAL0022053105001) for Carmel Partners, LLC 401(K) Profit Sharing Plan, reported by Carmel Partners Management LLC under EIN 85-3272514 and plan number 001. It reports 346 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011143855NAL0022053105001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Carmel Partners Management LLC
- EIN
- 85-3272514
- Plan number
- 001
- Location
- San Francisco, CA
- Participants
- 346
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $41,400,300
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,400,300
- Employer contributions
- $1,411,257
- Participant contributions
- $3,926,667
- Total income / additions
- $13,226,066
- Benefits paid
- $5,014,256
- Administrative expenses
- $93,529
- Total expenses
- $5,107,785
- Net increase / (decrease)
- $8,118,281
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $65,454 | $0 |
| Raymond James Financial Services | ADVISOR | $25,000 | not reported in the loaded dataset |
| Pension Assurance Llp | AUDITOR | $21,500 | not reported in the loaded dataset |
| Crowe Horwath, Llp | AUDITOR | $5,150 | not reported in the loaded dataset |