Falvey Insurance Group Ltd 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Falvey Insurance Group Ltd)
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, Falvey Insurance Group Ltd 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Falvey Insurance Group Ltd under EIN 27-2098797 and plan number 001. The latest loaded filing year is 2023. The filing reports 143 participants and $14,812,797 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Falvey Insurance Group Ltd
- EIN
- 27-2098797
- Plan number
- 001
- Plan type
- 2
- Location
- North Kingstown, RI
- Latest filing year
- 2023
- Participants
- 143
- End-of-year plan assets
- $14,812,797
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 143 | H, C | 20241015122523NAL0028411953001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,812,797
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,812,797
- Net assets (BOY)
- $12,167,787
Income & contributions
- Employer contributions
- $378,208
- Participant contributions
- $986,125
- Total contributions
- $1,519,254
- Total income / additions
- $3,671,178
Expenses & distributions
- Benefits paid
- $976,207
- Administrative expenses
- $49,961
- Total expenses
- $1,026,168
- Net increase / (decrease)
- $2,645,010
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch, Pierce, Fenner | INVESTMENT ADVISORY PLAN | $30,484 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $19,477 | not reported in the loaded dataset | 2023 |