2023 Form 5500 filing — Foundry Commercial 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 20250108154504NAL0011266721001) for Foundry Commercial Retirement Savings Plan, reported by Foundry Commercial, LLC under EIN 27-4210177 and plan number 001. It reports 491 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250108154504NAL0011266721001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Foundry Commercial, LLC
- EIN
- 27-4210177
- Plan number
- 001
- Location
- Scarlette, NC
- Participants
- 491
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $40,900,721
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $40,900,721
- Employer contributions
- $1,409,521
- Participant contributions
- $4,007,949
- Total income / additions
- $12,035,452
- Benefits paid
- $1,257,946
- Administrative expenses
- $51,990
- Total expenses
- $1,309,643
- Net increase / (decrease)
- $10,725,809
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $31,203 | $0 |
| Advus Financial Partners LLC | INVESTMENT ADVISOR | $12,206 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $7,381 | not reported in the loaded dataset |
| Foundry Commercial LLC | OTHER | $1,000 | not reported in the loaded dataset |
| Gwfs Equities Inc | OTHER | $200 | not reported in the loaded dataset |