The Briar Team, LLC 401(K) Profit Sharing Plan — Form 5500 plan (The Briar Team, 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, The Briar Team, LLC 401(K) Profit Sharing Plan is a benefit plan reported by The Briar Team, LLC under EIN 26-3985471 and plan number 001. The latest loaded filing year is 2023. The filing reports 299 participants and $7,649,693 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Briar Team, LLC
- EIN
- 26-3985471
- Plan number
- 001
- Plan type
- 2
- Location
- Sanford, FL
- Latest filing year
- 2023
- Participants
- 299
- End-of-year plan assets
- $7,649,693
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 299 | H, C | 20250424152841NAL0016818194001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,649,693
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,649,693
- Net assets (BOY)
- $8,229,913
Income & contributions
- Employer contributions
- $439,665
- Participant contributions
- $650,243
- Total contributions
- $1,104,117
- Total income / additions
- $2,136,572
Expenses & distributions
- Benefits paid
- $2,670,961
- Administrative expenses
- $41,506
- Total expenses
- $2,716,792
- Net increase / (decrease)
- -$580,220
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $36,457 | $0 | 2023 |
| Raymond James | INVESTMENT ADVISOR | $2,976 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $2,064 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $9 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Briar Team, LLC
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Sanford, FL
- Principal Life Insurance Company — Schedule C compensation
- Raymond James — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation