Baker Newman & Noyes, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Baker Newman & Noyes, LLC)
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, Baker Newman & Noyes, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Baker Newman & Noyes, LLC under EIN 01-0494526 and plan number 001. The latest loaded filing year is 2023. The filing reports 448 participants and $100,295,721 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Baker Newman & Noyes, LLC
- EIN
- 01-0494526
- Plan number
- 001
- Plan type
- 2
- Location
- Portland, ME
- Latest filing year
- 2023
- Participants
- 448
- End-of-year plan assets
- $100,295,721
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 448 | H, C | 20240722160426NAL0018040208001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $100,295,721
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $100,295,721
- Net assets (BOY)
- $86,582,534
Income & contributions
- Employer contributions
- $2,595,796
- Participant contributions
- $3,291,038
- Total contributions
- $6,002,343
- Total income / additions
- $20,798,111
Expenses & distributions
- Benefits paid
- $7,020,426
- Administrative expenses
- $64,498
- Total expenses
- $7,084,924
- Net increase / (decrease)
- $13,713,187
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Steward Partners Investment Advisor | INVESTMENT ADVISOR | $60,000 | not reported in the loaded dataset | 2023 |
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $4,498 | $0 | 2023 |
| Charles Schwab & Co., Inc. | BROKERAGE SERVICES | $312 | $0 | 2023 |
| Td Ameritrade | BROKERAGE SERVICES | $75 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Baker Newman & Noyes, LLC
- 2023 Form 5500 filing
- Form 5500 filings in ME
- 401(k) and benefit plan filings in Portland, ME
- Steward Partners Investment Advisor — Schedule C compensation
- Capital Group Retirement Plan Svcs. — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation
- Td Ameritrade — Schedule C compensation