2023 Form 5500 filing — The Bernick Companies Profit Sharing 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 20241011122701NAL0044281922001) for The Bernick Companies Profit Sharing 401(K) Plan, reported by The Bernick Companies under EIN 41-0149440 and plan number 001. It reports 1,247 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011122701NAL0044281922001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Bernick Companies
- EIN
- 41-0149440
- Plan number
- 001
- Location
- St. Cloud, MN
- Participants
- 1,247
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $55,678,906
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $55,678,906
- Employer contributions
- $994,754
- Participant contributions
- $2,949,007
- Total income / additions
- $12,777,522
- Benefits paid
- $4,628,594
- Administrative expenses
- $160,711
- Total expenses
- $4,789,305
- Net increase / (decrease)
- $7,988,217
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $86,084 | $0 |
| Rbc Wealth Mgmt A Div Of Rbc Cap | CONSULTANT | $74,627 | not reported in the loaded dataset |