2023 Form 5500 filing — Benfield Electric Company, Inc. 401(K) 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 20241015122817NAL0028419361001) for Benfield Electric Company, Inc. 401(K) Profit Sharing Plan, reported by Benfield Electric Company, Inc. under EIN 52-0956051 and plan number 333. It reports 274 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$16.5MReported net assets$16,509,874
Participants274
Provider compensation$119.4K3 Schedule C row(s)$119,404
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015122817NAL0028419361001
Plan sponsor
Benfield Electric Company, Inc.
EIN
52-0956051
Plan number
333
Location
Aberdeen, MD
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$16.5M total assets
Net assets$16.5MLiabilities$0
Money in vs. money out
Total income / additions$3.5M
Total expenses$2M
Benefits paid / distributions$1.9M
Contributions
Employer$296.7K
Participant$973.8K
Full reported line items
Total assets (EOY)
$16,509,874
Total liabilities (EOY)
$0
Net assets (EOY)
$16,509,874
Employer contributions
$296,726
Participant contributions
$973,781
Total income / additions
$3,519,597
Benefits paid
$1,901,260
Administrative expenses
$85,553
Total expenses
$1,986,813
Net increase / (decrease)
$1,532,784
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    CONTRACT ADMINISTRATOR · Direct $85.5K · Indirect $0
  2. 2
    INVESTMENT ADVISORY · Direct $0 · Indirect $33.9K
  3. 3
    INV ADV, PARTICIPANTS · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015122817NAL0028419361001 cover?
It is the 2023 Form 5500 filing for Benfield Electric Company, Inc. 401(K) Profit Sharing Plan, reported by Benfield Electric Company, Inc. (EIN 52-0956051).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages