2023 Form 5500 filing — Barge Design Solutions, Inc. Employees' Profit Sharing 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 20241015084754NAL0014266275001) for Barge Design Solutions, Inc. Employees' Profit Sharing Plan, reported by Barge Design Solutions, Inc. under EIN 62-0525827 and plan number 001. It reports 627 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015084754NAL0014266275001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Barge Design Solutions, Inc.
- EIN
- 62-0525827
- Plan number
- 001
- Location
- Nashville, TN
- Participants
- 627
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $120,481,536
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $120,481,536
- Employer contributions
- $2,756,728
- Participant contributions
- $5,687,234
- Total income / additions
- $34,090,832
- Benefits paid
- $8,600,919
- Administrative expenses
- $243,439
- Total expenses
- $8,844,358
- Net increase / (decrease)
- $25,246,474
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $179,438 | $0 |
| Robert W Baird Inc | INV ADV, PARTICIPANTS | $64,000 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |