Low And Bonar Inc. Retirement Savings And 401(K) Plan — Form 5500 plan (Low And Bonar, 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, Low And Bonar Inc. Retirement Savings And 401(K) Plan is a benefit plan reported by Low And Bonar, Inc. under EIN 20-0411022 and plan number 003. The latest loaded filing year is 2023. The filing reports 124 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Low And Bonar, Inc.
- EIN
- 20-0411022
- Plan number
- 003
- Plan type
- 2
- Location
- Enka, NC
- Latest filing year
- 2023
- Participants
- 124
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 124 | H, C | 20250305081537NAL0008488529001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $13,307,648
Income & contributions
- Employer contributions
- $580,221
- Participant contributions
- $425,716
- Total contributions
- $1,065,234
- Total income / additions
- $3,193,769
Expenses & distributions
- Benefits paid
- $3,875,594
- Administrative expenses
- $8,969
- Total expenses
- $3,872,848
- Net increase / (decrease)
- -$679,079
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $6,485 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $2,484 | $0 | 2023 |