Smith Brothers Insurance, LLC 401(K) Retirement Plan — Form 5500 plan (Smith Brothers Insurance, 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, Smith Brothers Insurance, LLC 401(K) Retirement Plan is a benefit plan reported by Smith Brothers Insurance, LLC under EIN 06-0391040 and plan number 002. The latest loaded filing year is 2023. The filing reports 236 participants and $26,242,941 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Smith Brothers Insurance, LLC
- EIN
- 06-0391040
- Plan number
- 002
- Plan type
- 2
- Location
- Glastonbury, CT
- Latest filing year
- 2023
- Participants
- 236
- End-of-year plan assets
- $26,242,941
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 236 | H, C | 20240730101949NAL0011720019001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,242,941
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,242,941
- Net assets (BOY)
- $25,300,338
Income & contributions
- Employer contributions
- $467,145
- Participant contributions
- $1,967,261
- Total contributions
- $2,778,706
- Total income / additions
- $6,242,402
Expenses & distributions
- Benefits paid
- $5,183,511
- Administrative expenses
- $103,900
- Total expenses
- $5,299,799
- Net increase / (decrease)
- $942,603
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $70,803 | $0 | 2023 |
| Smith Brothers Financial, LLC | INVESTMENT ADVISOR | $29,171 | not reported in the loaded dataset | 2023 |
| Pension Consultants, Inc. | THIRD PARTY ADMIN | $6,360 | $12,395 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Smith Brothers Insurance, LLC
- 2023 Form 5500 filing
- Form 5500 filings in CT
- 401(k) and benefit plan filings in Glastonbury, CT
- Empower Annuity Insurance Co — Schedule C compensation
- Smith Brothers Financial, LLC — Schedule C compensation
- Pension Consultants, Inc. — Schedule C compensation