The Bowen Group 401(K) Plan — Form 5500 plan (The Bowen Group)
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, The Bowen Group 401(K) Plan is a benefit plan reported by The Bowen Group under EIN 20-4032003 and plan number 001. The latest loaded filing year is 2023. The filing reports 329 participants and $3,558,036 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Bowen Group
- EIN
- 20-4032003
- Plan number
- 001
- Plan type
- 2
- Location
- Chantilly, VA
- Latest filing year
- 2023
- Participants
- 329
- End-of-year plan assets
- $3,558,036
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 329 | H, C | 20240926120348NAL0001424338001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,558,036
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,558,036
- Net assets (BOY)
- $3,303,937
Income & contributions
- Employer contributions
- $192,186
- Participant contributions
- $447,005
- Total contributions
- $655,917
- Total income / additions
- $1,316,157
Expenses & distributions
- Benefits paid
- $1,013,955
- Administrative expenses
- $25,882
- Total expenses
- $1,062,058
- Net increase / (decrease)
- $254,099
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ascensus LLC | NONE | $18,316 | $0 | 2023 |
| Fiduciary Wealth Management | NONE | $7,566 | not reported in the loaded dataset | 2023 |