2023 Form 5500 filing — Greater Richmond Business, Inc. Cash Or Deferral Proftt 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 20241006111651NAL0025272176001) for Greater Richmond Business, Inc. Cash Or Deferral Proftt Sharing Plan, reported by Greater Richmond Business, Inc. under EIN 54-1308407 and plan number 002. It reports 161 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241006111651NAL0025272176001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Greater Richmond Business, Inc.
- EIN
- 54-1308407
- Plan number
- 002
- Location
- Richmond, VA
- Participants
- 161
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,507,573
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,507,573
- Employer contributions
- $166,253
- Participant contributions
- $628,756
- Total income / additions
- $2,785,093
- Benefits paid
- $2,177,670
- Administrative expenses
- $68,722
- Total expenses
- $2,247,689
- Net increase / (decrease)
- $537,404
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $68,721 | $0 |
| Tbs Agency Inc | OTHER SERVICES | $0 | $14,052 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |