2023 Form 5500 filing — Babcock Center 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 20241015111815NAL0016215507001) for Babcock Center 401(K) Plan, reported by Babcock Center, Inc. under EIN 57-0512733 and plan number 001. It reports 1,364 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015111815NAL0016215507001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Babcock Center, Inc.
- EIN
- 57-0512733
- Plan number
- 001
- Location
- West Columbia, SC
- Participants
- 1,364
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,466,927
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,466,927
- Employer contributions
- $493,219
- Participant contributions
- $748,035
- Total income / additions
- $2,633,448
- Benefits paid
- $1,099,472
- Administrative expenses
- $87,125
- Total expenses
- $1,188,492
- Net increase / (decrease)
- $1,444,956
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance And Annui | RECORDKEEPER | $34,354 | not reported in the loaded dataset |
| Stancorp Financial | NONE | $23,650 | not reported in the loaded dataset |
| Carolina Qualified Retirement Plan | NONE | $23,121 | not reported in the loaded dataset |
| Mcgregor & Company | AUDIT | $6,000 | not reported in the loaded dataset |