Rhode Island Novelty 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Rhode Island Novelty)
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, Rhode Island Novelty 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Rhode Island Novelty under EIN 05-0421400 and plan number 001. The latest loaded filing year is 2023. The filing reports 184 participants and $17,868,768 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Rhode Island Novelty
- EIN
- 05-0421400
- Plan number
- 001
- Plan type
- 2
- Location
- Fall River, MA
- Latest filing year
- 2023
- Participants
- 184
- End-of-year plan assets
- $17,868,768
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 184 | H, C | 20240723090812NAL0023895442001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,868,768
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,868,768
- Net assets (BOY)
- $14,826,811
Income & contributions
- Employer contributions
- $87,216
- Participant contributions
- $858,199
- Total contributions
- $1,008,845
- Total income / additions
- $3,486,995
Expenses & distributions
- Benefits paid
- $416,608
- Administrative expenses
- $20,769
- Total expenses
- $445,038
- Net increase / (decrease)
- $3,041,957
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $13,359 | not reported in the loaded dataset | 2023 |