2023 Form 5500 filing — Byrne Electrical Specialists, Inc. Retirement Savings 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 20241014171422NAL0015349139001) for Byrne Electrical Specialists, Inc. Retirement Savings Plan, reported by Byrne Electrical Specialists, Inc. under EIN 38-1948223 and plan number 001. It reports 835 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014171422NAL0015349139001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Byrne Electrical Specialists, Inc.
- EIN
- 38-1948223
- Plan number
- 001
- Location
- Rockford, MI
- Participants
- 835
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,901,573
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,901,573
- Employer contributions
- $154,624
- Participant contributions
- $916,819
- Total income / additions
- $2,844,431
- Benefits paid
- $1,135,778
- Administrative expenses
- $83,693
- Total expenses
- $1,219,471
- Net increase / (decrease)
- $1,624,960
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Retirement Plan Company | RECORDKEEPER | $47,342 | not reported in the loaded dataset |
| Lpl Financial | ADVISOR | $21,461 | not reported in the loaded dataset |
| Ibs Financial Group | NONE | $9,910 | not reported in the loaded dataset |
| Matrix | NONE | $4,980 | not reported in the loaded dataset |