The Binding Site, Inc. 401(K) Retirement Savings Plan — Form 5500 plan (The Binding Site, 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, The Binding Site, Inc. 401(K) Retirement Savings Plan is a benefit plan reported by The Binding Site, Inc. under EIN 33-0282653 and plan number 001. The latest loaded filing year is 2023. The filing reports 220 participants and $22,550,091 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$0Plan net assets, end of year
Participants220Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$34.1K4 Schedule C provider row(s)$34,072
- Plan sponsor
- The Binding Site, Inc.
- EIN
- 33-0282653
- Plan number
- 001
- Plan type
- 2
- Location
- San Diego, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 220 | H, C | 20241014155345NAL0053020434001 |
| 2023 | 209 | H, C | 20241119182218NAL0005075040001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Full reported line items
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $22,550,091
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $0
- Total contributions
- $0
- Total income / additions
- $452,093
Expenses & distributions
- Benefits paid
- $169,846
- Administrative expenses
- $1,951
- Total expenses
- $171,797
- Net increase / (decrease)
- $280,296
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Benefits paid ÷ total income38%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance&Annuity C | SERVICE PROVIDER | $3,156 | $7,759 | 2023 |
| Morningstar | SERVICE PROVIDER | $3,156 | $7,759 | 2023 |
| San Diego Pension Consultants | THIRD PARTY ADMINISTRATO | $0 | $10,291 | 2023 |
| Voya Retirement Insurance&Annuity C | SERVICE PROVIDER | $1,951 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Binding Site, Inc.
- 2023 Form 5500 filing
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in San Diego, CA
- Voya Retirement Insurance&Annuity C — Schedule C compensation
- Morningstar — Schedule C compensation
- San Diego Pension Consultants — Schedule C compensation