2023 Form 5500 filing — Nybdc Dba Pursuit Employees Salary Reduction 401(K) 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 20241007115338NAL0015123105001) for Nybdc Dba Pursuit Employees Salary Reduction 401(K) Plan, reported by Ny Business Development Corp Dba Pursuit under EIN 14-1420782 and plan number 002. It reports 207 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007115338NAL0015123105001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Ny Business Development Corp Dba Pursuit
- EIN
- 14-1420782
- Plan number
- 002
- Location
- Albany, NY
- Participants
- 207
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $33,378,156
- Total liabilities (EOY)
- $4,185
- Net assets (EOY)
- $33,373,971
- Employer contributions
- $1,333,867
- Participant contributions
- $1,052,603
- Total income / additions
- $8,479,018
- Benefits paid
- $4,537,285
- Administrative expenses
- $35,973
- Total expenses
- $4,577,443
- Net increase / (decrease)
- $3,901,575
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nbt Bancorp Na | NONE | $31,385 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | NONE | $0 | $8,787 |
| Epic Retirement Plan Services | NONE | $0 | $0 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |