2023 Form 5500 filing — Buchanan Group, Inc. 401(K) Retirement 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 20241015160152NAL0015032579001) for Buchanan Group, Inc. 401(K) Retirement Plan, reported by Buchanan Group, Inc. under EIN 35-1698600 and plan number 001. It reports 395 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015160152NAL0015032579001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Buchanan Group, Inc.
- EIN
- 35-1698600
- Plan number
- 001
- Location
- Indianapolis, IN
- Participants
- 395
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,421,435
- Net assets (EOY)
- $22,421,435
- Employer contributions
- $502,495
- Participant contributions
- $964,252
- Total income / additions
- $5,121,646
- Benefits paid
- $2,742,149
- Administrative expenses
- $99,940
- Total expenses
- $2,869,319
- Net increase / (decrease)
- $2,252,327
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | NONE | $51,112 | $0 |
| Erisa Smart | NONE | $17,419 | $0 |
| Lji Wealth Management, LLC | NONE | $17,415 | $0 |
| American Pension Advisors, Ltd. | NONE | $13,994 | $0 |