2023 Form 5500 filing — Recorded Books, Inc. 401(K) 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 20241015132452NAL0029779329001) for Recorded Books, Inc. 401(K) Savings Plan, reported by Recorded Books, Inc. under EIN 46-4533122 and plan number 001. It reports 361 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015132452NAL0029779329001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Recorded Books, Inc.
- EIN
- 46-4533122
- Plan number
- 001
- Location
- Landover, MD
- Participants
- 361
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,515,388
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,515,388
- Employer contributions
- $771,149
- Participant contributions
- $2,691,171
- Total income / additions
- $7,180,090
- Benefits paid
- $2,062,491
- Administrative expenses
- $105,702
- Total expenses
- $2,231,331
- Net increase / (decrease)
- $4,948,759
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Gallagher Benefit Services | CONSULTANT | $60,000 | $0 |
| Adp, Inc. | RECORD KEEPER | $28,952 | $0 |
| Matthews, Carter, And Boyce, P.C. | ACCOUNTANT | $16,750 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |