Faria 401(K) Committee — Form 5500 plan (Faria Beede Instruments, Inc.)
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, Faria 401(K) Committee is a benefit plan reported by Faria Beede Instruments, Inc. under EIN 06-0774164 and plan number 001. The latest loaded filing year is 2023. The filing reports 125 participants and $3,170,949 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Faria Beede Instruments, Inc.
- EIN
- 06-0774164
- Plan number
- 001
- Plan type
- 2
- Location
- North Stonington, CT
- Latest filing year
- 2023
- Participants
- 125
- End-of-year plan assets
- $3,170,949
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 125 | H, C | 20240930102416NAL0002551619001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,170,949
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,170,949
- Net assets (BOY)
- $2,880,119
Income & contributions
- Employer contributions
- $69,981
- Participant contributions
- $140,961
- Total contributions
- $226,654
- Total income / additions
- $511,271
Expenses & distributions
- Benefits paid
- $191,505
- Administrative expenses
- $28,936
- Total expenses
- $220,441
- Net increase / (decrease)
- $290,830
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Financial Life | RECORDKEEPER | $19,613 | $0 | 2023 |
| Merrill Lynch Life Agency, Inc. | INVESTMENT ADVISORY - PL | $6,398 | not reported in the loaded dataset | 2023 |
| Creative Retirement Systems, Inc. | RECORDKEEPER | $2,925 | $59 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Faria Beede Instruments, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CT
- 401(k) and benefit plan filings in North Stonington, CT
- Transamerica Financial Life — Schedule C compensation
- Merrill Lynch Life Agency, Inc. — Schedule C compensation
- Creative Retirement Systems, Inc. — Schedule C compensation