2023 Form 5500 filing — Budney Overhaul & Repair, Ltd Employee Retirement Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240515090612NAL0034247939001) for Budney Overhaul & Repair, Ltd Employee Retirement Plan, reported by Budney Overhaul & Repair, Ltd under EIN 06-1285065 and plan number 001. It reports 145 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240515090612NAL0034247939001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Budney Overhaul & Repair, Ltd
- EIN
- 06-1285065
- Plan number
- 001
- Location
- Berlin, CT
- Participants
- 145
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,428,051
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,428,051
- Employer contributions
- $170,957
- Participant contributions
- $465,219
- Total income / additions
- $1,383,587
- Benefits paid
- $704,194
- Administrative expenses
- $30,494
- Total expenses
- $734,688
- Net increase / (decrease)
- $648,899
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co Of Ame | RECORDKEEPER | $25,505 | $0 |
| Massachusetts Mutual Life | BROKER/ADVISOR | $0 | $11,392 |
| Pension Consultants Inc | CONTRACT ADMIN | $5,162 | $5,817 |
| Envestnet Retirement Solutions, LLC | OTHER | $1,164 | not reported in the loaded dataset |
| Qdro Consultants Company, LLC | OTHER | $400 | not reported in the loaded dataset |