2023 Form 5500 filing — Bloem 401(K) 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 20241015133919NAL0016509843001) for Bloem 401(K) Retirement Savings Plan, reported by Bloem LLC under EIN 45-4690080 and plan number 001. It reports 322 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015133919NAL0016509843001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bloem LLC
- EIN
- 45-4690080
- Plan number
- 001
- Location
- Grand Rapids, MI
- Participants
- 322
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,796,100
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,796,100
- Employer contributions
- $265,305
- Participant contributions
- $370,622
- Total income / additions
- $1,462,514
- Benefits paid
- $811,423
- Administrative expenses
- $22,242
- Total expenses
- $833,665
- Net increase / (decrease)
- $628,849
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co. | RECORDKEEPER | $26,380 | $0 |
| Raymond James Financial Services | BROKER/ADVISOR | $0 | $7,727 |
| Watkins Ross & Co. | CONTRACT ADMINISTRATOR | $0 | $3,203 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,977 | not reported in the loaded dataset |