F.G. Downing Development, Inc. 401(K) Plan — Form 5500 plan (F.G. Downing Development, 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, F.G. Downing Development, Inc. 401(K) Plan is a benefit plan reported by F.G. Downing Development, Inc. under EIN 16-1250648 and plan number 001. The latest loaded filing year is 2023. The filing reports 543 participants and $29,503,663 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- F.G. Downing Development, Inc.
- EIN
- 16-1250648
- Plan number
- 001
- Plan type
- 2
- Location
- Orchard Park, NY
- Latest filing year
- 2023
- Participants
- 543
- End-of-year plan assets
- $29,503,663
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 543 | H, C | 20241015115809NAL0016298179001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,503,663
- Net assets (EOY)
- $29,503,663
- Net assets (BOY)
- $31,069,367
Income & contributions
- Employer contributions
- $140,153
- Participant contributions
- $1,345,174
- Total contributions
- $1,705,271
- Total income / additions
- $6,324,051
Expenses & distributions
- Benefits paid
- $7,769,839
- Administrative expenses
- $119,916
- Total expenses
- $7,889,755
- Net increase / (decrease)
- -$1,565,704
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMI NISTRATOR | $90,561 | not reported in the loaded dataset | 2023 |
| Lawley-Courier Advisors, LLC | INVESTMENT ADVISORY | $0 | $30,433 | 2023 |
| Actuarial Consulting Services Inc. | CONTRACT ADMINISTRATOR | $14,184 | $12,119 | 2023 |
| Bonadio & Co., Llp | ACCOUNTANT | $15,625 | not reported in the loaded dataset | 2023 |
| Morningstar Investment Management L | INV ADV. PARTICIPANTS | $0 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for F.G. Downing Development, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Orchard Park, NY
- Principal Life Insurance Company — Schedule C compensation
- Lawley-Courier Advisors, LLC — Schedule C compensation
- Actuarial Consulting Services Inc. — Schedule C compensation
- Bonadio & Co., Llp — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation