Best Plumbing Specialties Profit Sharing Plan — Form 5500 plan (Best Plumbing Specialties, 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, Best Plumbing Specialties Profit Sharing Plan is a benefit plan reported by Best Plumbing Specialties, Inc under EIN 11-2064672 and plan number 001. The latest loaded filing year is 2023. The filing reports 145 participants and $14,414,275 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Best Plumbing Specialties, Inc
EIN
11-2064672
Plan number
001
Plan type
2
Location
Myersville, MD
Latest filing year
2023
Participants
145
End-of-year plan assets
$14,414,275

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023145H, C20241003135441NAL0010635681001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,414,275
Total liabilities (EOY)
$0
Net assets (EOY)
$14,414,275
Net assets (BOY)
$13,416,210

Income & contributions

Employer contributions
$298,696
Participant contributions
$759,483
Total contributions
$1,086,501
Total income / additions
$2,936,343

Expenses & distributions

Benefits paid
$1,858,854
Administrative expenses
$54,120
Total expenses
$1,938,278
Net increase / (decrease)
$998,065

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Ins Co Of AmericaRECORDKEEPER$53,091$02023
Mml Investors Services IncSHAREHOLDER SERVICE PROV$0$30,2752023
Empower Advisory Group, LLCINVESTMENT MANAGEMENT$1,029not reported in the loaded dataset2023

Related Form 5500 pages