2023 Form 5500 filing — Baker Group 401(K) And Employee Stock Ownership 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 20250715074143NAL0004145970001) for Baker Group 401(K) And Employee Stock Ownership Plan, reported by Baker Mechanical, Inc. under EIN 42-0890441 and plan number 001. It reports 549 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250715074143NAL0004145970001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Baker Mechanical, Inc.
- EIN
- 42-0890441
- Plan number
- 001
- Location
- Ankeny, IA
- Participants
- 549
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $114,506,883
- Total liabilities (EOY)
- $50,988,089
- Net assets (EOY)
- $63,518,794
- Employer contributions
- $2,478,998
- Participant contributions
- $4,370,458
- Total income / additions
- $59,231,885
- Benefits paid
- $1,794,631
- Administrative expenses
- $114,503
- Total expenses
- $3,207,473
- Net increase / (decrease)
- $56,024,412
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $114,259 | $0 |
| Ubs Financial Services Inc | INVESTMENT ADVISORY | $0 | $31,525 |
| Dsm Financial | INVESTMENT ADVISORY | $0 | $27,584 |