Russo Development 401(K) Plan — Form 5500 plan (Russo Development, 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, Russo Development 401(K) Plan is a benefit plan reported by Russo Development, LLC under EIN 22-3692541 and plan number 001. The latest loaded filing year is 2023. The filing reports 224 participants and $11,942,308 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Russo Development, LLC
EIN
22-3692541
Plan number
001
Plan type
3
Location
Carlstadt, NJ
Latest filing year
2023
Participants
224
End-of-year plan assets
$11,942,308

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023224H, C20241015113443NAL0049052416001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,942,308
Total liabilities (EOY)
$0
Net assets (EOY)
$11,942,308
Net assets (BOY)
$8,744,570

Income & contributions

Employer contributions
$902,770
Participant contributions
$910,929
Total contributions
$1,875,076
Total income / additions
$3,473,158

Expenses & distributions

Benefits paid
$250,589
Administrative expenses
$7,032
Total expenses
$275,420
Net increase / (decrease)
$3,197,738

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Ins. & Annuity Co.SERVICE PROVIDER$7,032$02023
Red Bank Pension Services, Inc.THIRD PARTY ADMINISTRATO$0$5,3112023

Related Form 5500 pages