Nb Baker Electric, Inc. 401(K) Plan — Form 5500 plan (Nb Baker Electric, Inc. Dba Baker Electric Home Energy)
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, Nb Baker Electric, Inc. 401(K) Plan is a benefit plan reported by Nb Baker Electric, Inc. Dba Baker Electric Home Energy under EIN 20-2438431 and plan number 001. The latest loaded filing year is 2023. The filing reports 231 participants and $5,485,504 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nb Baker Electric, Inc. Dba Baker Electric Home Energy
- EIN
- 20-2438431
- Plan number
- 001
- Plan type
- 2
- Location
- Escondido, CA
- Latest filing year
- 2023
- Participants
- 231
- End-of-year plan assets
- $5,485,504
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 231 | H, C | 20241008112418NAL0034493714001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,485,504
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,485,504
- Net assets (BOY)
- $3,815,239
Income & contributions
- Employer contributions
- $382,714
- Participant contributions
- $817,278
- Total contributions
- $1,587,559
- Total income / additions
- $2,332,518
Expenses & distributions
- Benefits paid
- $681,637
- Administrative expenses
- $37,999
- Total expenses
- $723,214
- Net increase / (decrease)
- $1,609,304
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $37,998 | $0 | 2023 |
| Independent Financial Group LLC | INVESTMENT ADVISORY | $0 | $20,781 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Nb Baker Electric, Inc. Dba Baker Electric Home Energy
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Escondido, CA
- Principal Life Insurance Company — Schedule C compensation
- Independent Financial Group LLC — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation