Brookwood Financial Partners, LLC 401(K) Plan — Form 5500 plan (Brookwood Financial Partners, LLC)

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, Brookwood Financial Partners, LLC 401(K) Plan is a benefit plan reported by Brookwood Financial Partners, LLC under EIN 04-3190521 and plan number 001. The latest loaded filing year is 2023. The filing reports 126 participants and $12,391,368 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Brookwood Financial Partners, LLC
EIN
04-3190521
Plan number
001
Plan type
2
Location
Beverly, MA
Latest filing year
2023
Participants
126
End-of-year plan assets
$12,391,368

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023126H, C20241009142022NAL0018520481001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,391,368
Total liabilities (EOY)
$0
Net assets (EOY)
$12,391,368
Net assets (BOY)
$9,954,512

Income & contributions

Employer contributions
$154,393
Participant contributions
$663,038
Total contributions
$1,083,207
Total income / additions
$2,674,331

Expenses & distributions

Benefits paid
$224,864
Administrative expenses
$4,898
Total expenses
$237,475
Net increase / (decrease)
$2,436,856

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group, LLCINVESTMENT MGMT$3,523not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$1,375$02023

Related Form 5500 pages