Bryant-Durham Electric Company, Inc. 401(K) Plan — Form 5500 plan (Bryant-Durham Electric Company, 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, Bryant-Durham Electric Company, Inc. 401(K) Plan is a benefit plan reported by Bryant-Durham Electric Company, Inc. under EIN 56-0754195 and plan number 001. The latest loaded filing year is 2023. The filing reports 155 participants and $9,389,379 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bryant-Durham Electric Company, Inc.
- EIN
- 56-0754195
- Plan number
- 001
- Plan type
- 2
- Location
- Durham, NC
- Latest filing year
- 2023
- Participants
- 155
- End-of-year plan assets
- $9,389,379
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 155 | H, C | 20250925072854NAL0003392435001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,389,379
- Total liabilities (EOY)
- $28,393
- Net assets (EOY)
- $9,360,986
- Net assets (BOY)
- $7,609,712
Income & contributions
- Employer contributions
- $49,889
- Participant contributions
- $429,154
- Total contributions
- $479,043
- Total income / additions
- $2,147,836
Expenses & distributions
- Benefits paid
- $351,576
- Administrative expenses
- $25,360
- Total expenses
- $396,562
- Net increase / (decrease)
- $1,751,274
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Rbc Capital Markets LLC | INSURANCE AGENT OR BROKER | $19,826 | $6,705 | 2023 |
| Nationwide | CUSTODIAN | $8,381 | not reported in the loaded dataset | 2023 |
| Qualified Plan Administrators, Inc | THIRD PARTY ADMINISTRATO | $3,216 | not reported in the loaded dataset | 2023 |
| Qualified Plan Administrators, Inc | THIRD PARTY ADMINISTRATO | $3,183 | not reported in the loaded dataset | 2023 |
| Nationwide | CUSTODIAN | not reported in the loaded dataset | $1,031 | 2023 |