Plan5500

Bama Profit Sharing Plan — Form 5500 plan (The Bama Companies, 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, Bama Profit Sharing Plan is a benefit plan reported by The Bama Companies, Inc. under EIN 73-0988323 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,130 participants and $71,260,867 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Bama Companies, Inc.
EIN
73-0988323
Plan number
001
Plan type
2
Location
Tulsa, OK
Latest filing year
2023
Participants
1,130
End-of-year plan assets
$71,260,867

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,130H, C20240920144101NAL0015701522001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$71,260,867
Total liabilities (EOY)
$57,835
Net assets (EOY)
$71,203,032
Net assets (BOY)
$63,122,224

Income & contributions

Employer contributions
$627,300
Participant contributions
$3,468,986
Total contributions
$4,297,445
Total income / additions
$14,272,981

Expenses & distributions

Benefits paid
$5,929,896
Administrative expenses
$213,999
Total expenses
$6,192,173
Net increase / (decrease)
$8,080,808

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ONONE$126,105$02023
Pension Consultants IncNONE$71,737not reported in the loaded dataset2023
Empower Advisory Group, LLCNONE$16,157not reported in the loaded dataset2023

Related Form 5500 pages