2023 Form 5500 filing — Semmes, Bowen & Semmes 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 20241010170846NAL0036530896001) for Semmes, Bowen & Semmes 401(K)Plan, reported by Semmes, Bowen & Semmes under EIN 52-1955555 and plan number 002. It reports 193 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010170846NAL0036530896001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Semmes, Bowen & Semmes
- EIN
- 52-1955555
- Plan number
- 002
- Location
- Baltimore, MD
- Participants
- 193
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,735,839
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,735,839
- Participant contributions
- $784,796
- Total income / additions
- $2,928,212
- Benefits paid
- $1,838,217
- Administrative expenses
- $80,183
- Total expenses
- $1,918,400
- Net increase / (decrease)
- $1,009,812
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Life Agency, Inc | CONSULTANT | $28,646 | $17 |
| Principal Life Insurance Company | CONTRACTOR ADMINISTRATOR | $26,792 | $0 |
| Mks&H | ACCOUNTANT | $20,000 | not reported in the loaded dataset |
| Coastal Pension Services Inc | CONTRACT ADMINISTRATOR | $4,745 | $6,032 |