2023 Form 5500 filing — Rack Builders, Inc. 401(K) Retirement 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 20241008094337NAL0033270402001) for Rack Builders, Inc. 401(K) Retirement Plan, reported by Rack Builders, Inc. under EIN 26-4472266 and plan number 001. It reports 173 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008094337NAL0033270402001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Rack Builders, Inc.
- EIN
- 26-4472266
- Plan number
- 001
- Location
- Quincy, IL
- Participants
- 173
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,865,512
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,865,512
- Employer contributions
- $269,427
- Participant contributions
- $405,687
- Total income / additions
- $1,235,841
- Benefits paid
- $237,813
- Administrative expenses
- $41,233
- Total expenses
- $279,046
- Net increase / (decrease)
- $956,795
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Bos Asset Management LLC | RIA | $16,679 | not reported in the loaded dataset |
| John Hancock Usa | RECORDKEEPER | $1,400 | $0 |