2023 Form 5500 filing — Reid 401(K) Profit Sharing & Retirement 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 20241015140547NAL0016577747002) for Reid 401(K) Profit Sharing & Retirement Plan, reported by Reid Petroleum Corporation under EIN 16-0840494 and plan number 002. It reports 949 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015140547NAL0016577747002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Reid Petroleum Corporation
- EIN
- 16-0840494
- Plan number
- 002
- Location
- Lockport, NY
- Participants
- 949
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,788,222
- Net assets (EOY)
- $18,788,222
- Employer contributions
- $801,396
- Participant contributions
- $1,035,581
- Total income / additions
- $4,162,407
- Benefits paid
- $568,814
- Administrative expenses
- $67,905
- Total expenses
- $636,719
- Net increase / (decrease)
- $3,525,688
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Definiti, LLC | NONE | $31,287 | not reported in the loaded dataset |
| Northwest Bank | TRUSTEE | $26,199 | not reported in the loaded dataset |