2023 Form 5500 filing — Mass Benefits Consultants, Inc. 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 20250115035932NAL0033326096001) for Mass Benefits Consultants, Inc. Profit Sharing Plan, reported by Mass Benefits Consultants, Inc. under EIN 52-0915851 and plan number 001. It reports 11 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250115035932NAL0033326096001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mass Benefits Consultants, Inc.
- EIN
- 52-0915851
- Plan number
- 001
- Location
- Annandale, VA
- Participants
- 11
- Schedules available
- Schedule I, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,630,429
- Net assets (EOY)
- $2,630,429
- Employer contributions
- $165,448
- Total income / additions
- $355,270
- Benefits paid
- $1,067,331
- Administrative expenses
- $6,495
- Total expenses
- $1,073,826
- Net increase / (decrease)
- -$718,556
- Schedule source
- Schedule I
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $6,235 | $0 |
| Benefit Design And Admin, Inc | CONTACT ADMIN | $440 | $1,902 |