Billows Electric Supply Company, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Billows Electric Supply Company, 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, Billows Electric Supply Company, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Billows Electric Supply Company, Inc. under EIN 23-2484225 and plan number 001. The latest loaded filing year is 2023. The filing reports 292 participants and $28,818,811 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Billows Electric Supply Company, Inc.
- EIN
- 23-2484225
- Plan number
- 001
- Plan type
- 2
- Location
- Delran, NJ
- Latest filing year
- 2023
- Participants
- 292
- End-of-year plan assets
- $28,818,811
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 292 | H, C | 20240909124128NAL0007738784001 |
| 2023 | 298 | H, C | 20241025103115NAL0000078113001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $28,818,811
Income & contributions
- Employer contributions
- $235,374
- Participant contributions
- $839,244
- Total contributions
- $1,124,583
- Total income / additions
- $2,915,249
Expenses & distributions
- Benefits paid
- $6,163,532
- Administrative expenses
- $62,919
- Total expenses
- $6,226,451
- Net increase / (decrease)
- -$3,311,202
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $85,702 | $0 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $47,922 | $0 | 2023 |
| Morgan Stanley Global | INVESTMENT ADVISORY | $32,497 | not reported in the loaded dataset | 2023 |
| Capfinancial Partners, L | INVESTMENT ADVISORY | $15,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Billows Electric Supply Company, Inc.
- 2023 Form 5500 filing
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Delran, NJ
- Principal Life Insurance Company — Schedule C compensation
- Morgan Stanley Global — Schedule C compensation
- Capfinancial Partners, L — Schedule C compensation