2023 Form 5500 filing — Bowen, Miclette & Britt 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 20241002151930NAL0004160979001) for Bowen, Miclette & Britt Profit Sharing Plan, reported by Bowen, Miclette & Britt Insurance Agency, LLC under EIN 26-3860108 and plan number 001. It reports 280 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)$36MReported net assets$35,967,799
Participants280
Provider compensation$54.7K2 Schedule C row(s)$54,687
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241002151930NAL0004160979001
Plan sponsor
Bowen, Miclette & Britt Insurance Agency, LLC
EIN
26-3860108
Plan number
001
Location
Houston, TX
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)$36M total assets
Net assets$36MLiabilities
Money in vs. money out
Total income / additions$7.5M
Total expenses$5.8M
Benefits paid / distributions$5.8M
Contributions
Employer$745.1K
Participant$1.9M
Full reported line items
Total assets (EOY)
$35,967,799
Net assets (EOY)
$35,967,799
Employer contributions
$745,053
Participant contributions
$1,931,509
Total income / additions
$7,481,111
Benefits paid
$5,752,774
Administrative expenses
$36,216
Total expenses
$5,795,685
Net increase / (decrease)
$1,685,426

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance CompanyRECORDKEEPER$36,546$0
Nova 401(K) AssociatesTHIRD PARTY ADMINISTRATOR$18,141$0

Related Form 5500 pages