2023 Form 5500 filing — Faulkner Group 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 20240806100340NAL0001300227001) for Faulkner Group 401(K) Plan, reported by Faulkner Cadillac, Inc. under EIN 23-2139345 and plan number 001. It reports 2,043 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240806100340NAL0001300227001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Faulkner Cadillac, Inc.
- EIN
- 23-2139345
- Plan number
- 001
- Location
- Trevose, PA
- Participants
- 2,043
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $108,037,460
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $108,037,460
- Employer contributions
- $2,226,220
- Participant contributions
- $7,605,948
- Total income / additions
- $24,765,876
- Benefits paid
- $8,160,999
- Administrative expenses
- $305,268
- Total expenses
- $8,466,267
- Net increase / (decrease)
- $16,299,609
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co Of Ame | RECORKEEPER | $237,254 | $0 |
| Empower Advisory Group | INVESTMENT MANAGEMENT | $41,264 | not reported in the loaded dataset |
| Boyer & Ritter LLC | AUDITOR | $26,750 | not reported in the loaded dataset |