Capital District Beginnings, Inc. Profit Sharing Plan — Form 5500 plan (Capital District Beginnings, 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, Capital District Beginnings, Inc. Profit Sharing Plan is a benefit plan reported by Capital District Beginnings, Inc. under EIN 14-1653112 and plan number 001. The latest loaded filing year is 2023. The filing reports 211 participants and $9,220,446 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Capital District Beginnings, Inc.
EIN
14-1653112
Plan number
001
Plan type
2
Location
East Greenbush, NY
Latest filing year
2023
Participants
211
End-of-year plan assets
$9,220,446

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023211H, C20250220114112NAL0008799472001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,220,446
Total liabilities (EOY)
$0
Net assets (EOY)
$9,220,446
Net assets (BOY)
$9,164,392

Income & contributions

Employer contributions
$190,612
Participant contributions
$382,226
Total contributions
$577,130
Total income / additions
$1,873,356

Expenses & distributions

Benefits paid
$1,777,983
Administrative expenses
$40,222
Total expenses
$1,817,302
Net increase / (decrease)
$56,054

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Life & Annuity Ins Co Of NyRECORDKEEPER$37,401$02023
Equitable Advisors LLCBROKER/ADVISOR$0$21,7052023
Empower Advisory Group, LLCINVESTMENT MGMT$2,061not reported in the loaded dataset2023
Teal, Becker & Chiaramonte, Cpas PcCONTRACT ADMIN/TPA$860not reported in the loaded dataset2023

Related Form 5500 pages