Rainbow Apparel 401(K) Savings Plan — Form 5500 plan (Aijj Enterprises, 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, Rainbow Apparel 401(K) Savings Plan is a benefit plan reported by Aijj Enterprises, Inc under EIN 13-3070879 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,960 participants and $71,949,300 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Aijj Enterprises, Inc
EIN
13-3070879
Plan number
001
Plan type
2
Location
Brooklyn, NY
Latest filing year
2023
Participants
4,960
End-of-year plan assets
$71,949,300

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,960H, C20241009093017NAL0010479955001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$71,949,300
Total liabilities (EOY)
$0
Net assets (EOY)
$71,949,300
Net assets (BOY)
$64,432,302

Income & contributions

Employer contributions
$2,065,393
Participant contributions
$3,839,472
Total contributions
$5,950,848
Total income / additions
$13,368,653

Expenses & distributions

Benefits paid
$5,599,485
Administrative expenses
$252,170
Total expenses
$5,851,655
Net increase / (decrease)
$7,516,998

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$252,113$02023
Pensionmark Financial Group, LLCINVESTMENT ADVISORY$0$76,8502023
Marcum LlpACCOUNTANT$0$20,0002023

Related Form 5500 pages