2023 Form 5500 filing — Bourn & Koch 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 20241015142434NAL0028754369001) for Bourn & Koch Inc. 401(K) Profit Sharing Plan, reported by Bourn & Koch Inc. under EIN 36-2827595 and plan number 002. It reports 202 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015142434NAL0028754369001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bourn & Koch Inc.
- EIN
- 36-2827595
- Plan number
- 002
- Location
- Rockford, IL
- Participants
- 202
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,843,807
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,843,807
- Employer contributions
- $291,551
- Participant contributions
- $529,946
- Total income / additions
- $3,637,058
- Benefits paid
- $4,128,104
- Administrative expenses
- $32,596
- Total expenses
- $4,160,700
- Net increase / (decrease)
- -$523,642
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Group, Inc. | RECORDKEEPER | $21,997 | $0 |
| Newport Group Consulting, LLC | ADVISOR | $9,406 | $0 |