B & F Machine Co Inc 401(K) Profit Sharing Plan — Form 5500 plan (B & F Machine Co Inc)
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, B & F Machine Co Inc 401(K) Profit Sharing Plan is a benefit plan reported by B & F Machine Co Inc under EIN 06-0887143 and plan number 001. The latest loaded filing year is 2023. The filing reports 250 participants and $18,349,211 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- B & F Machine Co Inc
- EIN
- 06-0887143
- Plan number
- 001
- Plan type
- 2
- Location
- New Britain, CT
- Latest filing year
- 2023
- Participants
- 250
- End-of-year plan assets
- $18,349,211
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 250 | H, C | 20240807093131NAL0006085152001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,349,211
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,349,211
- Net assets (BOY)
- $15,579,540
Income & contributions
- Employer contributions
- $460,560
- Participant contributions
- $943,962
- Total contributions
- $1,404,522
- Total income / additions
- $3,516,308
Expenses & distributions
- Benefits paid
- $723,707
- Administrative expenses
- $22,930
- Total expenses
- $746,637
- Net increase / (decrease)
- $2,769,671
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cliftonlarsonallen | NONE | $11,500 | not reported in the loaded dataset | 2023 |
| Pasi, LLC | NONE | $10,355 | not reported in the loaded dataset | 2023 |
| Capital Group Retirement Plan Servi | NONE | $1,075 | $0 | 2023 |