Consolidated Bus Transit, Inc. Esop — Form 5500 plan (Consolidated Bus Transit, 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, Consolidated Bus Transit, Inc. Esop is a benefit plan reported by Consolidated Bus Transit, Inc. under EIN 11-3046431 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,628 participants and $66,315,910 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Consolidated Bus Transit, Inc.
EIN
11-3046431
Plan number
002
Plan type
2
Location
Brooklyn, NY
Latest filing year
2023
Participants
1,628
End-of-year plan assets
$66,315,910

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,628H, C20250115080824NAL0012550227001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$66,315,910
Total liabilities (EOY)
$29,114,299
Net assets (EOY)
$37,201,611
Net assets (BOY)
$33,284,804

Income & contributions

Employer contributions
$1,595,431
Total contributions
$1,595,431
Total income / additions
$5,223,428

Expenses & distributions

Benefits paid
$304,678
Administrative expenses
$66,501
Total expenses
$1,306,621
Net increase / (decrease)
$3,916,807

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Capital Group, LLCNONE$60,330not reported in the loaded dataset2023

Related Form 5500 pages