Broussard Brothers, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Broussard Brothers, 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, Broussard Brothers, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Broussard Brothers, Inc. under EIN 72-0723403 and plan number 002. The latest loaded filing year is 2023. The filing reports 864 participants and $17,298,279 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Broussard Brothers, Inc.
- EIN
- 72-0723403
- Plan number
- 002
- Plan type
- 3
- Location
- Abbeville, LA
- Latest filing year
- 2023
- Participants
- 864
- End-of-year plan assets
- $17,298,279
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 864 | H, C | 20241007134938NAL0016184337001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,298,279
- Total liabilities (EOY)
- $47,567
- Net assets (EOY)
- $17,250,712
- Net assets (BOY)
- $15,001,670
Income & contributions
- Employer contributions
- $159,145
- Participant contributions
- $897,545
- Total contributions
- $1,171,193
- Total income / additions
- $3,461,415
Expenses & distributions
- Benefits paid
- $1,062,832
- Administrative expenses
- $101,974
- Total expenses
- $1,212,373
- Net increase / (decrease)
- $2,249,042
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Morgan Stanley Global Banking | INVESTMENT ADVISORY SVC | $0 | $39,484 | 2023 |
| Creative Retirement Systems, Inc. | THIRD PARTY ADMIN. | $0 | $7,898 | 2023 |
| Voya Retirement Insurance | SERVICE PROVIDER | $510 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Broussard Brothers, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in LA
- 401(k) and benefit plan filings in Abbeville, LA
- Morgan Stanley Global Banking — Schedule C compensation
- Creative Retirement Systems, Inc. — Schedule C compensation
- Voya Retirement Insurance — Schedule C compensation