2023 Form 5500 filing — Burnips Equipment Company 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 20240730093527NAL0020465649001) for Burnips Equipment Company 401(K) Plan, reported by Burnips Equipment Company under EIN 38-1992969 and plan number 001. It reports 155 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240730093527NAL0020465649001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Burnips Equipment Company
- EIN
- 38-1992969
- Plan number
- 001
- Location
- Dorr, MI
- Participants
- 155
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,813,072
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,813,072
- Employer contributions
- $316,784
- Participant contributions
- $702,119
- Total income / additions
- $2,026,839
- Benefits paid
- $380,080
- Administrative expenses
- $30,306
- Total expenses
- $410,386
- Net increase / (decrease)
- $1,616,453
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Innovia Wealth, LLC | NONE | $14,794 | not reported in the loaded dataset |
| Sentinel Benefits Group, LLC | NONE | $14,638 | not reported in the loaded dataset |