Forward Business Solutions 401(K) Profit Sharing Plan — Form 5500 plan (Forward Business Solutions Of Binghamton, LLC Dba Forward Business Sol)
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, Forward Business Solutions 401(K) Profit Sharing Plan is a benefit plan reported by Forward Business Solutions Of Binghamton, LLC Dba Forward Business Sol under EIN 22-3790542 and plan number 001. The latest loaded filing year is 2023. The filing reports 14 participants and $1,984,077 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Forward Business Solutions Of Binghamton, LLC Dba Forward Business Sol
- EIN
- 22-3790542
- Plan number
- 001
- Plan type
- 2
- Location
- Johnson City, NY
- Latest filing year
- 2023
- Participants
- 14
- End-of-year plan assets
- $1,984,077
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 14 | I | 20240910083150NAL0012639362001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $1,984,077
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,984,077
- Net assets (BOY)
- $2,017,947
Income & contributions
- Employer contributions
- $10,000
- Participant contributions
- $18,262
- Total income / additions
- $338,838
Expenses & distributions
- Benefits paid
- $363,305
- Administrative expenses
- $9,403
- Total expenses
- $372,708
- Net increase / (decrease)
- -$33,870
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.