2023 Form 5500 filing — Basement Systems, Inc. 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 20241015065649NAL0028891089001) for Basement Systems, Inc. 401(K) Profit Sharing Plan, reported by Basement Systems, Inc. under EIN 06-1296899 and plan number 001. It reports 498 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015065649NAL0028891089001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Basement Systems, Inc.
- EIN
- 06-1296899
- Plan number
- 001
- Location
- Seymour, CT
- Participants
- 498
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,208,256
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,208,256
- Employer contributions
- $272,692
- Participant contributions
- $1,133,254
- Total income / additions
- $2,776,540
- Benefits paid
- $948,806
- Administrative expenses
- $63,288
- Total expenses
- $1,059,484
- Net increase / (decrease)
- $1,717,056
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | NONE | $25,540 | not reported in the loaded dataset |
| Empower Annuity Insurance Co Of Ame | NONE | $21,965 | $0 |
| Pasi, LLC | NONE | $10,390 | $8,745 |
| Empower Advisory Group, LLC | NONE | $4,218 | not reported in the loaded dataset |