Silencer Central 401(K) Plan — Form 5500 plan (Bmaddox Enterprises LLC)
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, Silencer Central 401(K) Plan is a benefit plan reported by Bmaddox Enterprises LLC under EIN 20-2723856 and plan number 001. The latest loaded filing year is 2023. The filing reports 263 participants and $2,059,790 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bmaddox Enterprises LLC
- EIN
- 20-2723856
- Plan number
- 001
- Plan type
- 2
- Location
- Sioux Falls, SD
- Latest filing year
- 2023
- Participants
- 263
- End-of-year plan assets
- $2,059,790
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 263 | H, C | 20241008122946NAL0017534017001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,059,790
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,059,790
- Net assets (BOY)
- $900,762
Income & contributions
- Employer contributions
- $301,969
- Participant contributions
- $544,071
- Total contributions
- $1,137,366
- Total income / additions
- $1,412,090
Expenses & distributions
- Benefits paid
- $240,979
- Administrative expenses
- $12,083
- Total expenses
- $253,062
- Net increase / (decrease)
- $1,159,028
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $10,857 | $0 | 2023 |
| Ascensus C/O Future Plan | TPA | $0 | $6,241 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |