Banton Construction Company Profit Sharing Plan — Form 5500 plan (Banton Construction 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, Banton Construction Company Profit Sharing Plan is a benefit plan reported by Banton Construction Company under EIN 06-1208067 and plan number 001. The latest loaded filing year is 2023. The filing reports 130 participants and $9,528,850 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Banton Construction Company
- EIN
- 06-1208067
- Plan number
- 001
- Plan type
- 2
- Location
- North Haven, CT
- Latest filing year
- 2023
- Participants
- 130
- End-of-year plan assets
- $9,528,850
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 130 | H, C | 20241015100044NAL0014361491001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,528,850
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,528,850
- Net assets (BOY)
- $8,762,223
Income & contributions
- Employer contributions
- $1,611,615
- Participant contributions
- $79,904
- Total contributions
- $1,751,996
- Total income / additions
- $3,182,810
Expenses & distributions
- Benefits paid
- $2,347,948
- Administrative expenses
- $68,235
- Total expenses
- $2,416,183
- Net increase / (decrease)
- $766,627
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Connecticut Wealth Management | RIA | $9,072 | not reported in the loaded dataset | 2023 |
| John Hancock Usa | RECORDKEEPER | $2,400 | $0 | 2023 |