2023 Form 5500 filing — Capital District Beginnings, 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 20250220114112NAL0008799472001) for Capital District Beginnings, Inc. Profit Sharing Plan, reported by Capital District Beginnings, Inc. under EIN 14-1653112 and plan number 001. It reports 211 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250220114112NAL0008799472001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Capital District Beginnings, Inc.
- EIN
- 14-1653112
- Plan number
- 001
- Location
- East Greenbush, NY
- Participants
- 211
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,220,446
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,220,446
- Employer contributions
- $190,612
- Participant contributions
- $382,226
- Total income / additions
- $1,873,356
- Benefits paid
- $1,777,983
- Administrative expenses
- $40,222
- Total expenses
- $1,817,302
- Net increase / (decrease)
- $56,054
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Life & Annuity Ins Co Of Ny | RECORDKEEPER | $37,401 | $0 |
| Equitable Advisors LLC | BROKER/ADVISOR | $0 | $21,705 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,061 | not reported in the loaded dataset |
| Teal, Becker & Chiaramonte, Cpas Pc | CONTRACT ADMIN/TPA | $860 | not reported in the loaded dataset |