2023 Form 5500 filing — Sba Defined Contribution Plan For Bankers Insurance, LLC
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 20241015155406NAL0015016099001) for Sba Defined Contribution Plan For Bankers Insurance, LLC, reported by Bankers Insurance, LLC under EIN 54-1948974 and plan number 001. It reports 344 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)$36.6MReported net assets$36,559,125
Participants344
Provider compensation$212.5K2 Schedule C row(s)$212,507
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015155406NAL0015016099001
- Plan sponsor
- Bankers Insurance, LLC
- EIN
- 54-1948974
- Plan number
- 001
- Location
- Glen Allen, VA
- 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)$36.6M total assets
Net assets$36.6MLiabilities$0
Full reported line items
- Total assets (EOY)
- $36,559,125
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,559,125
- Employer contributions
- $1,029,886
- Participant contributions
- $1,756,353
- Total income / additions
- $8,119,009
- Benefits paid
- $5,975,588
- Administrative expenses
- $212,538
- Total expenses
- $6,188,126
- Net increase / (decrease)
- $1,930,883
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance & Annuity | RECORDKEEPER | $128,287 | $0 |
| Vba Benefits Corporation | SERVICE PROVIDER | $84,220 | not reported in the loaded dataset |