2023 Form 5500 filing — Shalom Baranes Associates 401(K) 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 20240729052124NAL0010799571001) for Shalom Baranes Associates 401(K) Plan, reported by Shalom Baranes Associates, P.C. under EIN 52-1845924 and plan number 001. It reports 125 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240729052124NAL0010799571001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Shalom Baranes Associates, P.C.
- EIN
- 52-1845924
- Plan number
- 001
- Location
- Washington, DC
- Participants
- 125
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,184,455
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,184,455
- Employer contributions
- $54,140
- Participant contributions
- $1,077,491
- Total income / additions
- $4,846,961
- Benefits paid
- $2,658,735
- Administrative expenses
- $29,400
- Total expenses
- $2,688,135
- Net increase / (decrease)
- $2,158,826
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Brown Advisory | SERVICE PROVIDER | $0 | $57,768 |
| Newport Group, Inc. | THIRD PARTY ADMIN | $0 | $11,414 |
| Newport Group, Inc. | SERVICE PROVIDER | $7,350 | not reported in the loaded dataset |
| Aprio, Llp | SERVICE PROVIDER | $5,183 | not reported in the loaded dataset |