2023 Form 5500 filing — Construction Industry 401k 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 20241015175516NAL0049233680001) for Construction Industry 401k Plan, reported by Builders Exchange Of The Southern Tier, Inc. under EIN 16-0810649 and plan number 333. It reports 197 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015175516NAL0049233680001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Builders Exchange Of The Southern Tier, Inc.
- EIN
- 16-0810649
- Plan number
- 333
- Location
- Falconer, NY
- Participants
- 197
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,659,882
- Total liabilities (EOY)
- $14,903
- Net assets (EOY)
- $11,644,979
- Employer contributions
- $240,060
- Participant contributions
- $416,768
- Total income / additions
- $2,538,332
- Benefits paid
- $1,051,581
- Administrative expenses
- $132,130
- Total expenses
- $1,190,314
- Net increase / (decrease)
- $1,348,018
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Financial Life Insuran | RECORDKEEPER | $89,739 | $0 |
| 3(16) Fiduciary Services Corporatio | PLAN ADMINISTRATOR | $10,530 | not reported in the loaded dataset |
| Tronconi Segarra & Associates | AUDIT | $8,100 | not reported in the loaded dataset |
| Pinnacle Financial Services, Inc | RECORDKEEPER | $7,206 | $0 |
| Builders Exchange Of Southern Tier | PLAN SPONSOR | $6,144 | not reported in the loaded dataset |
| Lipsitz Green Scime Cambria | LEGAL | $3,851 | not reported in the loaded dataset |