2023 Form 5500 filing — Barfield, Inc. 401(K) Savings 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 20240911165437NAL0014790898001) for Barfield, Inc. 401(K) Savings Plan, reported by Barfield, Inc. under EIN 59-0556588 and plan number 001. It reports 456 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240911165437NAL0014790898001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Barfield, Inc.
- EIN
- 59-0556588
- Plan number
- 001
- Location
- Miami, FL
- Participants
- 456
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,003,083
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,003,083
- Employer contributions
- $479,001
- Participant contributions
- $1,384,928
- Total income / additions
- $4,159,991
- Benefits paid
- $2,606,037
- Administrative expenses
- $141,403
- Total expenses
- $2,812,437
- Net increase / (decrease)
- $1,347,554
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $71,091 | $0 |
| Ubs Financial Services, Inc | INVESTMENT ADVISOR | $42,033 | not reported in the loaded dataset |
| Retirement Solutions Specialists | THIRD PARTY ADMINISTRATO | $12,545 | $0 |
| Assurance Dimensions | AUDITOR | $8,000 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,632 | not reported in the loaded dataset |
| Pension Consulting Services, LLC | OTHER | $2,435 | not reported in the loaded dataset |