Becker Morgan Group, Inc. 401(K) Retirement Savings Plan — Form 5500 plan (Becker Morgan Group, 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, Becker Morgan Group, Inc. 401(K) Retirement Savings Plan is a benefit plan reported by Becker Morgan Group, Inc. under EIN 52-1348971 and plan number 001. The latest loaded filing year is 2023. The filing reports 133 participants and $22,559,313 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Becker Morgan Group, Inc.
- EIN
- 52-1348971
- Plan number
- 001
- Plan type
- 2
- Location
- Salisbury, MD
- Latest filing year
- 2023
- Participants
- 133
- End-of-year plan assets
- $22,559,313
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 133 | H, C | 20240924133436NAL0007475987001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,559,313
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,559,313
- Net assets (BOY)
- $18,438,021
Income & contributions
- Employer contributions
- $295,257
- Participant contributions
- $876,117
- Total contributions
- $1,405,862
- Total income / additions
- $5,309,717
Expenses & distributions
- Benefits paid
- $1,128,915
- Administrative expenses
- $59,510
- Total expenses
- $1,188,425
- Net increase / (decrease)
- $4,121,292
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $32,241 | not reported in the loaded dataset | 2023 |
| Pks & Company, P.A. | OTHER | $15,000 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $10,404 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,464 | not reported in the loaded dataset | 2023 |
| Qdro Consultants Company, LLC | CONTRACT ADMIN | $400 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Becker Morgan Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Salisbury, MD
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Pks & Company, P.A. — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Qdro Consultants Company, LLC — Schedule C compensation