2023 Form 5500 filing — Flagg Bicycle Group, LLC 401k 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 20240904081610NAL0011019043001) for Flagg Bicycle Group, LLC 401k Plan, reported by Flagg Bicycle Group, LLC under EIN 88-2054757 and plan number 001. It reports 1,256 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240904081610NAL0011019043001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Flagg Bicycle Group, LLC
- EIN
- 88-2054757
- Plan number
- 001
- Location
- Bloomington, MN
- Participants
- 1,256
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $76,414,858
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $76,414,858
- Employer contributions
- $487,874
- Participant contributions
- $4,699,785
- Total income / additions
- $18,986,166
- Benefits paid
- $7,363,642
- Administrative expenses
- -$49,943
- Total expenses
- $7,331,802
- Net increase / (decrease)
- $11,654,364
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $19,055 | not reported in the loaded dataset |
| Christensen Group Financial | INVESTMENT ADVISOR | $12,500 | not reported in the loaded dataset |
| Kestra Financial, Inc. | INVESTMENT ADVISOR | $6,250 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$87,748 | $0 |