Bates Insurance Agency, Inc. 401(K) Profit Sharing — Form 5500 plan (Bates Insurance Agency, 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, Bates Insurance Agency, Inc. 401(K) Profit Sharing is a benefit plan reported by Bates Insurance Agency, Inc. under EIN 63-0494204 and plan number 001. The latest loaded filing year is 2023. The filing reports 22 participants and $2,996,826 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bates Insurance Agency, Inc.
- EIN
- 63-0494204
- Plan number
- 001
- Plan type
- 2
- Location
- Irondale, AL
- Latest filing year
- 2023
- Participants
- 22
- End-of-year plan assets
- $2,996,826
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 22 | I | 20240919123738NAL0010481536002 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $2,996,826
- Net assets (EOY)
- $2,996,826
- Net assets (BOY)
- $2,440,541
Income & contributions
- Employer contributions
- $212,686
- Participant contributions
- $157,333
- Total income / additions
- $814,409
Expenses & distributions
- Benefits paid
- $207,429
- Administrative expenses
- $11,344
- Total expenses
- $258,124
- Net increase / (decrease)
- $556,285
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.