Bowen, Miclette & Britt Profit Sharing Plan — Form 5500 plan (Bowen, Miclette & Britt Insurance Agency, 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, Bowen, Miclette & Britt Profit Sharing Plan is a benefit plan reported by Bowen, Miclette & Britt Insurance Agency, LLC under EIN 26-3860108 and plan number 001. The latest loaded filing year is 2023. The filing reports 280 participants and $35,967,799 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$36MPlan net assets, end of year$35,967,799
Participants280Covered participants reported
Assets / participant$128.5KComputed: assets ÷ participants$128,456 (computed)
Provider compensation$54.7K2 Schedule C provider row(s)$54,687
- Plan sponsor
- Bowen, Miclette & Britt Insurance Agency, LLC
- EIN
- 26-3860108
- Plan number
- 001
- Plan type
- 2
- Location
- Houston, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 280 | H, C | 20241002151930NAL0004160979001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$36M total assets
Net assets$36MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $35,967,799
- Net assets (EOY)
- $35,967,799
- Net assets (BOY)
- $34,282,373
Income & contributions
- Employer contributions
- $745,053
- Participant contributions
- $1,931,509
- Total contributions
- $2,941,617
- Total income / additions
- $7,481,111
Expenses & distributions
- Benefits paid
- $5,752,774
- Administrative expenses
- $36,216
- Total expenses
- $5,795,685
- Net increase / (decrease)
- $1,685,426
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
28%72%
Employer 28%Participant 72%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income77%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $36,546 | $0 | 2023 |
| Nova 401(K) Associates | THIRD PARTY ADMINISTRATOR | $18,141 | $0 | 2023 |