Brainworks Software 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Brainworks Software, 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, Brainworks Software 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Brainworks Software, LLC under EIN 11-3355497 and plan number 001. The latest loaded filing year is 2023. The filing reports 36 participants and $2,590,195 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Brainworks Software, LLC
- EIN
- 11-3355497
- Plan number
- 001
- Plan type
- 2
- Location
- Central Islip, NY
- Latest filing year
- 2023
- Participants
- 36
- End-of-year plan assets
- $2,590,195
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 36 | I | 20240515091453NAL0034252387001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $2,590,195
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,590,195
- Net assets (BOY)
- $2,145,702
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $115,043
- Total income / additions
- $540,761
Expenses & distributions
- Benefits paid
- $96,055
- Administrative expenses
- $213
- Total expenses
- $96,268
- Net increase / (decrease)
- $444,493
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.