Budney Overhaul & Repair, Ltd Employee Retirement Plan — Form 5500 plan (Budney Overhaul & Repair, Ltd)
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, Budney Overhaul & Repair, Ltd Employee Retirement Plan is a benefit plan reported by Budney Overhaul & Repair, Ltd under EIN 06-1285065 and plan number 001. The latest loaded filing year is 2023. The filing reports 145 participants and $6,428,051 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Budney Overhaul & Repair, Ltd
- EIN
- 06-1285065
- Plan number
- 001
- Plan type
- 2
- Location
- Berlin, CT
- Latest filing year
- 2023
- Participants
- 145
- End-of-year plan assets
- $6,428,051
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 145 | H, C | 20240515090612NAL0034247939001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,428,051
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,428,051
- Net assets (BOY)
- $5,779,152
Income & contributions
- Employer contributions
- $170,957
- Participant contributions
- $465,219
- Total contributions
- $649,945
- Total income / additions
- $1,383,587
Expenses & distributions
- Benefits paid
- $704,194
- Administrative expenses
- $30,494
- Total expenses
- $734,688
- Net increase / (decrease)
- $648,899
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Co Of Ame | RECORDKEEPER | $25,505 | $0 | 2023 |
| Massachusetts Mutual Life | BROKER/ADVISOR | $0 | $11,392 | 2023 |
| Pension Consultants Inc | CONTRACT ADMIN | $5,162 | $5,817 | 2023 |
| Envestnet Retirement Solutions, LLC | OTHER | $1,164 | not reported in the loaded dataset | 2023 |
| Qdro Consultants Company, LLC | OTHER | $400 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Budney Overhaul & Repair, Ltd
- 2023 Form 5500 filing
- Form 5500 filings in CT
- 401(k) and benefit plan filings in Berlin, CT
- Empower Annuity Insurance Co Of Ame — Schedule C compensation
- Massachusetts Mutual Life — Schedule C compensation
- Pension Consultants Inc — Schedule C compensation
- Envestnet Retirement Solutions, LLC — Schedule C compensation
- Qdro Consultants Company, LLC — Schedule C compensation