2023 Form 5500 filing — Low And Bonar Inc. Retirement Savings And 401(K) 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 20250305081537NAL0008488529001) for Low And Bonar Inc. Retirement Savings And 401(K) Plan, reported by Low And Bonar, Inc. under EIN 20-0411022 and plan number 003. It reports 124 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250305081537NAL0008488529001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Low And Bonar, Inc.
- EIN
- 20-0411022
- Plan number
- 003
- Location
- Enka, NC
- Participants
- 124
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $580,221
- Participant contributions
- $425,716
- Total income / additions
- $3,193,769
- Benefits paid
- $3,875,594
- Administrative expenses
- $8,969
- Total expenses
- $3,872,848
- Net increase / (decrease)
- -$679,079
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $6,485 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $2,484 | $0 |