2023 Form 5500 filing — Toufayan Bakery Of Florida Inc 401(K) Profit Sharing Plan & Trust
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 20241014130003NAL0027334769001) for Toufayan Bakery Of Florida Inc 401(K) Profit Sharing Plan & Trust, reported by Toufayan Bakery Of Florida Inc under EIN 59-2295770 and plan number 001. It reports 731 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014130003NAL0027334769001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Toufayan Bakery Of Florida Inc
- EIN
- 59-2295770
- Plan number
- 001
- Location
- Ridgefield, NJ
- Participants
- 731
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,563,119
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,563,119
- Employer contributions
- $226,002
- Participant contributions
- $698,555
- Total income / additions
- $1,599,844
- Benefits paid
- $941,433
- Administrative expenses
- $39,090
- Total expenses
- $980,523
- Net increase / (decrease)
- $619,321
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Levelized Compensation Advisor | INVESTMENT ADVISORY | $23,899 | not reported in the loaded dataset |
| Paychex, Inc. | RECORDKEEPER | $13,790 | not reported in the loaded dataset |