Brothers National 401(K) Plan — Form 5500 plan (Brothers National, LLC)
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, Brothers National 401(K) Plan is a benefit plan reported by Brothers National, LLC under EIN 85-3951987 and plan number 001. The latest loaded filing year is 2023. The filing reports 959 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Brothers National, LLC
- EIN
- 85-3951987
- Plan number
- 001
- Plan type
- 2
- Location
- Warrenton, VA
- Latest filing year
- 2023
- Participants
- 959
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 959 | H, C | 20241004082641NAL0019219008001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $8,930,413
Income & contributions
- Employer contributions
- $1,161,031
- Participant contributions
- $2,301,009
- Total contributions
- $3,809,832
- Total income / additions
- $5,820,209
Expenses & distributions
- Benefits paid
- $699,455
- Administrative expenses
- $74,176
- Total expenses
- $795,663
- Net increase / (decrease)
- $5,024,546
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Drive Wealth Advisers | RIA | $44,529 | not reported in the loaded dataset | 2023 |