2023 Form 5500 filing — Becker Morgan Group, Inc. 401(K) Retirement 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 20240924133436NAL0007475987001) for Becker Morgan Group, Inc. 401(K) Retirement Savings Plan, reported by Becker Morgan Group, Inc. under EIN 52-1348971 and plan number 001. It reports 133 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924133436NAL0007475987001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Becker Morgan Group, Inc.
- EIN
- 52-1348971
- Plan number
- 001
- Location
- Salisbury, MD
- Participants
- 133
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,559,313
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,559,313
- Employer contributions
- $295,257
- Participant contributions
- $876,117
- Total income / additions
- $5,309,717
- Benefits paid
- $1,128,915
- Administrative expenses
- $59,510
- Total expenses
- $1,188,425
- Net increase / (decrease)
- $4,121,292
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $32,241 | not reported in the loaded dataset |
| Pks & Company, P.A. | OTHER | $15,000 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $10,404 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,464 | not reported in the loaded dataset |
| Qdro Consultants Company, LLC | CONTRACT ADMIN | $400 | not reported in the loaded dataset |