Babcock Center 401(K) Plan — Form 5500 plan (Babcock Center, 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, Babcock Center 401(K) Plan is a benefit plan reported by Babcock Center, Inc. under EIN 57-0512733 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,364 participants and $10,466,927 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Babcock Center, Inc.
- EIN
- 57-0512733
- Plan number
- 001
- Plan type
- 2
- Location
- West Columbia, SC
- Latest filing year
- 2023
- Participants
- 1,364
- End-of-year plan assets
- $10,466,927
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,364 | H, C | 20241015111815NAL0016215507001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,466,927
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,466,927
- Net assets (BOY)
- $9,021,971
Income & contributions
- Employer contributions
- $493,219
- Participant contributions
- $748,035
- Total contributions
- $1,241,254
- Total income / additions
- $2,633,448
Expenses & distributions
- Benefits paid
- $1,099,472
- Administrative expenses
- $87,125
- Total expenses
- $1,188,492
- Net increase / (decrease)
- $1,444,956
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance And Annui | RECORDKEEPER | $34,354 | not reported in the loaded dataset | 2023 |
| Stancorp Financial | NONE | $23,650 | not reported in the loaded dataset | 2023 |
| Carolina Qualified Retirement Plan | NONE | $23,121 | not reported in the loaded dataset | 2023 |
| Mcgregor & Company | AUDIT | $6,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Babcock Center, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in West Columbia, SC
- Voya Retirement Insurance And Annui — Schedule C compensation
- Stancorp Financial — Schedule C compensation
- Carolina Qualified Retirement Plan — Schedule C compensation
- Mcgregor & Company — Schedule C compensation