Plan5500

Bi-Con Services, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Bi-Con Services, Inc.)

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, Bi-Con Services, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Bi-Con Services, Inc. under EIN 31-0795801 and plan number 001. The latest loaded filing year is 2023. The filing reports 475 participants and $59,438,259 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bi-Con Services, Inc.
EIN
31-0795801
Plan number
001
Plan type
2
Location
Derwent, OH
Latest filing year
2023
Participants
475
End-of-year plan assets
$59,438,259

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023475H, C20240828104726NAL0006755475001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$59,438,259
Total liabilities (EOY)
$0
Net assets (EOY)
$59,438,259
Net assets (BOY)
$50,104,609

Income & contributions

Employer contributions
$1,985,749
Participant contributions
$2,586,714
Total contributions
$4,647,732
Total income / additions
$13,392,413

Expenses & distributions

Benefits paid
$3,930,307
Administrative expenses
$128,456
Total expenses
$4,058,763
Net increase / (decrease)
$9,333,650

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$113,458$02023
Global Retirement Partners LLCINVESTMENT ADVISORY$0$67,7992023
Schneider DownsACCOUNTANT$15,000not reported in the loaded dataset2023

Related Form 5500 pages