Plan5500

Bag Makers, Inc. 401(K)/Profit Sharing Plan — Form 5500 plan (Bag Makers, 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, Bag Makers, Inc. 401(K)/Profit Sharing Plan is a benefit plan reported by Bag Makers, Inc. under EIN 36-3160284 and plan number 001. The latest loaded filing year is 2023. The filing reports 353 participants and $14,766,290 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bag Makers, Inc.
EIN
36-3160284
Plan number
001
Plan type
2
Location
Union, IL
Latest filing year
2023
Participants
353
End-of-year plan assets
$14,766,290

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023353H, C20241015092701NAL0014308883001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,766,290
Total liabilities (EOY)
$0
Net assets (EOY)
$14,766,290
Net assets (BOY)
$12,101,437

Income & contributions

Employer contributions
$298,031
Participant contributions
$931,025
Total contributions
$1,229,056
Total income / additions
$3,288,211

Expenses & distributions

Benefits paid
$556,269
Administrative expenses
$67,089
Total expenses
$623,358
Net increase / (decrease)
$2,664,853

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$52,939$02023
SikichACCOUNTANT$14,150not reported in the loaded dataset2023

Related Form 5500 pages