Basement Systems, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Basement Systems, 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, Basement Systems, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Basement Systems, Inc. under EIN 06-1296899 and plan number 001. The latest loaded filing year is 2023. The filing reports 498 participants and $10,208,256 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Basement Systems, Inc.
- EIN
- 06-1296899
- Plan number
- 001
- Plan type
- 2
- Location
- Seymour, CT
- Latest filing year
- 2023
- Participants
- 498
- End-of-year plan assets
- $10,208,256
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 498 | H, C | 20241015065649NAL0028891089001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,208,256
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,208,256
- Net assets (BOY)
- $8,491,200
Income & contributions
- Employer contributions
- $272,692
- Participant contributions
- $1,133,254
- Total contributions
- $1,499,774
- Total income / additions
- $2,776,540
Expenses & distributions
- Benefits paid
- $948,806
- Administrative expenses
- $63,288
- Total expenses
- $1,059,484
- Net increase / (decrease)
- $1,717,056
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | NONE | $25,540 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Co Of Ame | NONE | $21,965 | $0 | 2023 |
| Pasi, LLC | NONE | $10,390 | $8,745 | 2023 |
| Empower Advisory Group, LLC | NONE | $4,218 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Basement Systems, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CT
- 401(k) and benefit plan filings in Seymour, CT
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Empower Annuity Insurance Co Of Ame — Schedule C compensation
- Pasi, LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation