2023 Form 5500 filing — Donovan Marine, Inc. Retirement And Profit Sharing 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 20240906140859NAL0001987408001) for Donovan Marine, Inc. Retirement And Profit Sharing Plan, reported by Donovan Marine, Inc. under EIN 72-0642880 and plan number 001. It reports 539 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)$36.5MReported net assets$36,467,117
Participants539
Provider compensation$154.2K4 Schedule C row(s)$154,211
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240906140859NAL0001987408001
Plan sponsor
Donovan Marine, Inc.
EIN
72-0642880
Plan number
001
Location
Harahan, LA
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)$36.5M total assets
Net assets$36.5MLiabilities$0
Money in vs. money out
Total income / additions$7.6M
Total expenses$3M
Benefits paid / distributions$2.9M
Contributions
Employer$809.6K
Participant$2M
Full reported line items
Total assets (EOY)
$36,467,117
Total liabilities (EOY)
$0
Net assets (EOY)
$36,467,117
Employer contributions
$809,582
Participant contributions
$2,035,879
Total income / additions
$7,635,462
Benefits paid
$2,895,160
Administrative expenses
$154,211
Total expenses
$3,049,371
Net increase / (decrease)
$4,586,091

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Bks Financial Investments LLC DbaINVESTMENT ADVISOR$79,703not reported in the loaded dataset
Empower Advisory Group, LLCINVESTMENT MGMT$61,108not reported in the loaded dataset
Ericksen, Krentel & Laporte, LlpAUDITOR$13,400not reported in the loaded dataset
Empower Annuity Insurance CompanyRECORDKEEPER$0$0

Related Form 5500 pages