Davison Insurance Agency Profit Sharing Plan — Form 5500 plan (Davison Insurance Agency, Inc. Profit Sharing Plan)
Plain-English plan 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, Davison Insurance Agency Profit Sharing Plan is a benefit plan reported by Davison Insurance Agency, Inc. Profit Sharing Plan under EIN 04-2275195 and plan number 001. The latest loaded filing year is 2023. The filing reports 3 participants and $214,979 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Davison Insurance Agency, Inc. Profit Sharing Plan
- EIN
- 04-2275195
- Plan number
- 001
- Plan type
- 2
- Location
- Arlington, MA
- Latest filing year
- 2023
- Participants
- 3
- End-of-year plan assets
- $214,979
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3 | I | 20240930151038NAL0009669456001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $214,979
- Net assets (EOY)
- $214,979
- Net assets (BOY)
- $704,766
Income & contributions
- Employer contributions
- $41,729
- Total income / additions
- $122,843
Expenses & distributions
- Benefits paid
- $611,103
- Administrative expenses
- $1,527
- Total expenses
- $612,630
- Net increase / (decrease)
- -$489,787
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.