Bangers 401(K) Plan — Form 5500 plan (Bangers L P)
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, Bangers 401(K) Plan is a benefit plan reported by Bangers L P under EIN 63-1077717 and plan number 001. The latest loaded filing year is 2023. The filing reports 127 participants and $8,125,003 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bangers L P
- EIN
- 63-1077717
- Plan number
- 001
- Plan type
- 2
- Location
- Birmingham, AL
- Latest filing year
- 2023
- Participants
- 127
- End-of-year plan assets
- $8,125,003
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 127 | H, C | 20240930161110NAL0005772961001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,125,003
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,125,003
- Net assets (BOY)
- $7,220,339
Income & contributions
- Employer contributions
- $208,216
- Participant contributions
- $582,242
- Total contributions
- $874,228
- Total income / additions
- $2,212,116
Expenses & distributions
- Benefits paid
- $1,279,796
- Administrative expenses
- $27,656
- Total expenses
- $1,307,452
- Net increase / (decrease)
- $904,664
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Northwestern Mutual Wealth Mgmt | INVESTMENT ADVISORY | $22,646 | $5 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $5,007 | $0 | 2023 |