2023 Form 5500 filing — Buyers Products Company Employees 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 20241015153144NAL0056973346001) for Buyers Products Company Employees Profit Sharing Plan, reported by Buyers Products Company under EIN 34-1000414 and plan number 001. It reports 867 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015153144NAL0056973346001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Buyers Products Company
- EIN
- 34-1000414
- Plan number
- 001
- Location
- Mentor, OH
- Participants
- 867
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $90,332,285
- Total liabilities (EOY)
- $143,154
- Net assets (EOY)
- $90,189,131
- Employer contributions
- $8,063,585
- Total income / additions
- $16,225,976
- Benefits paid
- $6,317,365
- Administrative expenses
- $306,455
- Total expenses
- $6,623,820
- Net increase / (decrease)
- $9,602,156
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Johnson Investment Counsel | NONE | $246,689 | not reported in the loaded dataset |
| Mccready & Keene(Oneamerica Co.) | NONE | $46,166 | not reported in the loaded dataset |
| Maloney & Novotny LLC | NONE | $13,600 | not reported in the loaded dataset |