Construction Industry 401k Plan — Form 5500 plan (Builders Exchange Of The Southern Tier, 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, Construction Industry 401k Plan is a benefit plan reported by Builders Exchange Of The Southern Tier, Inc. under EIN 16-0810649 and plan number 333. The latest loaded filing year is 2023. The filing reports 197 participants and $11,659,882 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Builders Exchange Of The Southern Tier, Inc.
- EIN
- 16-0810649
- Plan number
- 333
- Plan type
- 3
- Location
- Falconer, NY
- Latest filing year
- 2023
- Participants
- 197
- End-of-year plan assets
- $11,659,882
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 197 | H, C | 20241015175516NAL0049233680001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,659,882
- Total liabilities (EOY)
- $14,903
- Net assets (EOY)
- $11,644,979
- Net assets (BOY)
- $10,296,961
Income & contributions
- Employer contributions
- $240,060
- Participant contributions
- $416,768
- Total contributions
- $703,279
- Total income / additions
- $2,538,332
Expenses & distributions
- Benefits paid
- $1,051,581
- Administrative expenses
- $132,130
- Total expenses
- $1,190,314
- Net increase / (decrease)
- $1,348,018
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Financial Life Insuran | RECORDKEEPER | $89,739 | $0 | 2023 |
| 3(16) Fiduciary Services Corporatio | PLAN ADMINISTRATOR | $10,530 | not reported in the loaded dataset | 2023 |
| Tronconi Segarra & Associates | AUDIT | $8,100 | not reported in the loaded dataset | 2023 |
| Pinnacle Financial Services, Inc | RECORDKEEPER | $7,206 | $0 | 2023 |
| Builders Exchange Of Southern Tier | PLAN SPONSOR | $6,144 | not reported in the loaded dataset | 2023 |
| Lipsitz Green Scime Cambria | LEGAL | $3,851 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Builders Exchange Of The Southern Tier, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Falconer, NY
- Transamerica Financial Life Insuran — Schedule C compensation
- 3(16) Fiduciary Services Corporatio — Schedule C compensation
- Tronconi Segarra & Associates — Schedule C compensation
- Pinnacle Financial Services, Inc — Schedule C compensation
- Builders Exchange Of Southern Tier — Schedule C compensation
- Lipsitz Green Scime Cambria — Schedule C compensation