Barkman Honey, LLC 401(K) Plan — Form 5500 plan (Barkman Honey, 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, Barkman Honey, LLC 401(K) Plan is a benefit plan reported by Barkman Honey, LLC under EIN 45-0467304 and plan number 002. The latest loaded filing year is 2023. The filing reports 192 participants and $7,906,931 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.8MPlan net assets, end of year$7,832,155
Participants192Covered participants reported
Assets / participant$41.2KComputed: assets ÷ participants$41,182 (computed)
Provider compensation$28.4K1 Schedule C provider row(s)$28,363
Plan sponsor
Barkman Honey, LLC
EIN
45-0467304
Plan number
002
Plan type
2
Location
Wichita, KS
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023192H, C20241011101013NAL0021649201001
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.

Reported balance (end of year)$7.9M total assets
Net assets$7.8MLiabilities$74.8K
Money in vs. money out
Total income / additions$2M
Total expenses$158.3K
Benefits paid / distributions$129.9K
Contributions
Employer$252.4K
Participant$413.8K
Full reported line items

Net assets

Total assets (EOY)
$7,906,931
Total liabilities (EOY)
$74,776
Net assets (EOY)
$7,832,155
Net assets (BOY)
$6,031,289

Income & contributions

Employer contributions
$252,368
Participant contributions
$413,812
Total contributions
$879,998
Total income / additions
$1,959,125

Expenses & distributions

Benefits paid
$129,896
Administrative expenses
$28,363
Total expenses
$158,259
Net increase / (decrease)
$1,800,866
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.

Contribution share (employer vs. participant)
Employer 38%Participant 62%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income7%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus Financial, N.A.NONE$28,363$02023

Related Form 5500 pages