2023 Form 5500 filing — 401(K) Plan Of Banfi Products Corporation
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 20241209090108NAL0018779346001) for 401(K) Plan Of Banfi Products Corporation, reported by Banfi Products Corporation under EIN 13-4941010 and plan number 004. It reports 94 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241209090108NAL0018779346001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Banfi Products Corporation
- EIN
- 13-4941010
- Plan number
- 004
- Location
- Melville, NY
- Participants
- 94
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,496,875
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,496,875
- Employer contributions
- $165,146
- Participant contributions
- $654,940
- Total income / additions
- $3,959,746
- Benefits paid
- $2,089,431
- Administrative expenses
- $39,849
- Total expenses
- $2,129,280
- Net increase / (decrease)
- $1,830,466
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fm International | FEES | $26,886 | $0 |
| Leafhouse Financial | ADVISERY FEES | $10,037 | $0 |
| Nationwide | ASSET, CUSTODIAL, FEES | $2,007 | $0 |