The Baker Company Profit Sharing And Retirement Plan — Form 5500 plan (The Baker Company)
Plain-English plan 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, The Baker Company Profit Sharing And Retirement Plan is a benefit plan reported by The Baker Company under EIN 01-0222106 and plan number 001. The latest loaded filing year is 2023. The filing reports 205 participants and $17,979,260 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Baker Company
- EIN
- 01-0222106
- Plan number
- 001
- Plan type
- 2
- Location
- Sanford, ME
- Latest filing year
- 2023
- Participants
- 205
- End-of-year plan assets
- $17,979,260
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 205 | H, C | 20240919083949NAL0002211523001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,979,260
- Total liabilities (EOY)
- $57,292
- Net assets (EOY)
- $17,921,968
- Net assets (BOY)
- $15,285,695
Income & contributions
- Employer contributions
- $325,000
- Participant contributions
- $739,785
- Total contributions
- $1,088,457
- Total income / additions
- $3,717,781
Expenses & distributions
- Benefits paid
- $989,593
- Administrative expenses
- $53,189
- Total expenses
- $1,081,508
- Net increase / (decrease)
- $2,636,273
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Commonwealth Equity Services LLC | INVESTMENT ADVISOR | $38,084 | $0 | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $11,264 | $0 | 2023 |
| Downeast Pension Services, Inc. | TPA | $6,513 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Baker Company
- 2023 Form 5500 filing
- Form 5500 filings in ME
- 401(k) and benefit plan filings in Sanford, ME
- Commonwealth Equity Services LLC — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Downeast Pension Services, Inc. — Schedule C compensation