2023 Form 5500 filing — Approved Oil Co. Of Brooklyn, Inc. 401(K) Profit Sharing Plan & Trust

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 20241010122325NAL0009978611001) for Approved Oil Co. Of Brooklyn, Inc. 401(K) Profit Sharing Plan & Trust, reported by Approved Oil Co. Of Brooklyn, Inc. under EIN 11-1750251 and plan number 001. It reports 263 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)$4.4MReported net assets$4,423,265
Participants263
Provider compensation$9121 Schedule C row(s)
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241010122325NAL0009978611001
Plan sponsor
Approved Oil Co. Of Brooklyn, Inc.
EIN
11-1750251
Plan number
001
Location
Brooklyn, NY
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$4.4M total assets
Net assets$4.4MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$276K
Benefits paid / distributions$261.1K
Contributions
Employer$247.1K
Participant$430.3K
Full reported line items
Total assets (EOY)
$4,423,265
Total liabilities (EOY)
$0
Net assets (EOY)
$4,423,265
Employer contributions
$247,138
Participant contributions
$430,260
Total income / additions
$1,288,454
Benefits paid
$261,125
Administrative expenses
$912
Total expenses
$275,960
Net increase / (decrease)
$1,012,494
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $912 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241010122325NAL0009978611001 cover?
It is the 2023 Form 5500 filing for Approved Oil Co. Of Brooklyn, Inc. 401(K) Profit Sharing Plan & Trust, reported by Approved Oil Co. Of Brooklyn, Inc. (EIN 11-1750251).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages