Bingham Companies Profit Sharing And 401(K) Plan — Form 5500 plan (Bingham Equipment Company)
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, Bingham Companies Profit Sharing And 401(K) Plan is a benefit plan reported by Bingham Equipment Company under EIN 86-0139051 and plan number 001. The latest loaded filing year is 2023. The filing reports 301 participants and $20,547,090 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bingham Equipment Company
- EIN
- 86-0139051
- Plan number
- 001
- Plan type
- 2
- Location
- Mesa, AZ
- Latest filing year
- 2023
- Participants
- 301
- End-of-year plan assets
- $20,547,090
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 301 | H, C | 20240911105854NAL0004197603001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,547,090
- Total liabilities (EOY)
- $21,147
- Net assets (EOY)
- $20,525,943
- Net assets (BOY)
- $17,284,018
Income & contributions
- Employer contributions
- $648,017
- Participant contributions
- $1,031,759
- Total contributions
- $1,739,560
- Total income / additions
- $4,320,832
Expenses & distributions
- Benefits paid
- $958,950
- Administrative expenses
- $93,955
- Total expenses
- $1,078,907
- Net increase / (decrease)
- $3,241,925
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mercer Global Advisors Inc | ADVISOR | $61,585 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $30,334 | $0 | 2023 |