2023 Form 5500 filing — Bcn Administrative Services Multiple Employer 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 20241014170537NAL0045422256001) for Bcn Administrative Services Multiple Employer Plan, reported by Bcn Administrative Services, Inc. under EIN 38-3358642 and plan number 333. It reports 3,343 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014170537NAL0045422256001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Bcn Administrative Services, Inc.
- EIN
- 38-3358642
- Plan number
- 333
- Location
- Ann Arbor, MI
- Participants
- 3,343
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $65,418,987
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $65,418,987
- Employer contributions
- $1,272,780
- Participant contributions
- $7,004,812
- Total income / additions
- $21,037,557
- Benefits paid
- $5,931,619
- Administrative expenses
- $491,816
- Total expenses
- $6,431,605
- Net increase / (decrease)
- $14,605,952
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Slavic Integrated Administration | TPA | $249,314 | not reported in the loaded dataset |
| Bcn Administrative Services, Inc. | PLAN ADMINISTRATOR | $165,047 | not reported in the loaded dataset |
| Slavic Mutual Fund Management Corp | PORTFOLIO MGMT | $77,456 | not reported in the loaded dataset |