2023 Form 5500 filing — Cbm Retirement Investment And 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 20241015120624NAL0028326801001) for Cbm Retirement Investment And 401(K) Plan, reported by Bankers Retirement Services, Inc. under EIN 85-3255425 and plan number 001. It reports 924 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015120624NAL0028326801001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Bankers Retirement Services, Inc.
- EIN
- 85-3255425
- Plan number
- 001
- Location
- East Lansing, MI
- Participants
- 924
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $54,498,699
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $54,498,699
- Employer contributions
- $1,533,149
- Participant contributions
- $3,728,830
- Total income / additions
- $13,704,645
- Benefits paid
- $5,554,800
- Administrative expenses
- $135,117
- Total expenses
- $5,689,917
- Net increase / (decrease)
- $8,014,728
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuuity Insurance Company | RECORDKEEPER | $79,761 | $0 |
| Bankers Retirement Services, Inc. | TRUSTEE | $8,255 | not reported in the loaded dataset |
| Empower Advisory Group | INVESTMENT MANAGER | $5,864 | not reported in the loaded dataset |