2023 Form 5500 filing — B & H Foto 401(K) 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 20240815084924NAL0012917537001) for B & H Foto 401(K) Retirement Plan, reported by B & H Foto & Electronics Corp. under EIN 13-2768071 and plan number 001. It reports 2,353 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$110MReported net assets$110,035,841
Participants2.4K2,353
Provider compensation$143K4 Schedule C row(s)$142,985
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240815084924NAL0012917537001
Plan sponsor
B & H Foto & Electronics Corp.
EIN
13-2768071
Plan number
001
Location
New York, NY
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$110M total assets
Net assets$110MLiabilities$0
Money in vs. money out
Total income / additions$25.1M
Total expenses$7.1M
Benefits paid / distributions$6.9M
Contributions
Employer$2.4M
Participant$7.1M
Full reported line items
Total assets (EOY)
$110,035,841
Total liabilities (EOY)
$0
Net assets (EOY)
$110,035,841
Employer contributions
$2,385,240
Participant contributions
$7,058,326
Total income / additions
$25,111,201
Benefits paid
$6,942,598
Administrative expenses
$137,220
Total expenses
$7,079,818
Net increase / (decrease)
$18,031,383

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Life & Annuity Ins Co Of NyRECORDKEEPER$94,187$0
Global Retirement Partners LLCINVESTMENT ADVISOR$41,250not reported in the loaded dataset
The Paragon Alliance Group LLCCONTRACT ADMIN$6,464not reported in the loaded dataset
Empower Advisory Group, LLCINVETSMENT MANAGEMENT$1,084not reported in the loaded dataset

Related Form 5500 pages