2023 Form 5500 filing — Bloem 401(K) Retirement Savings 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 20241015133919NAL0016509843001) for Bloem 401(K) Retirement Savings Plan, reported by Bloem LLC under EIN 45-4690080 and plan number 001. It reports 322 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$3.8MReported net assets$3,796,100
Participants322
Provider compensation$39.3K4 Schedule C row(s)$39,287
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015133919NAL0016509843001
- Plan sponsor
- Bloem LLC
- EIN
- 45-4690080
- Plan number
- 001
- Location
- Grand Rapids, MI
- Received date
- not reported in the loaded dataset
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)$3.8M total assets
Net assets$3.8MLiabilities$0
Full reported line items
- Total assets (EOY)
- $3,796,100
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,796,100
- Employer contributions
- $265,305
- Participant contributions
- $370,622
- Total income / additions
- $1,462,514
- Benefits paid
- $811,423
- Administrative expenses
- $22,242
- Total expenses
- $833,665
- Net increase / (decrease)
- $628,849
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co. | RECORDKEEPER | $26,380 | $0 |
| Raymond James Financial Services | BROKER/ADVISOR | $0 | $7,727 |
| Watkins Ross & Co. | CONTRACT ADMINISTRATOR | $0 | $3,203 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,977 | not reported in the loaded dataset |