2023 Form 5500 filing — Bayloff Stamped Products 401(K) Plan And Trust
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 20241017065840NAL0054938304001) for Bayloff Stamped Products 401(K) Plan And Trust, reported by Bayloff Stamped Products under EIN 38-1776172 and plan number 001. It reports 245 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241017065840NAL0054938304001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bayloff Stamped Products
- EIN
- 38-1776172
- Plan number
- 001
- Location
- Belleville, MI
- Participants
- 245
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,100,168
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,100,168
- Employer contributions
- $51,264
- Participant contributions
- $559,372
- Total income / additions
- $1,605,906
- Benefits paid
- $325,067
- Administrative expenses
- $41,587
- Total expenses
- $366,654
- Net increase / (decrease)
- $1,239,252
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $26,043 | $0 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $15,544 | $11 |