Buyers Products Company Employees Profit Sharing Plan — Form 5500 plan (Buyers Products Company)
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, Buyers Products Company Employees Profit Sharing Plan is a benefit plan reported by Buyers Products Company under EIN 34-1000414 and plan number 001. The latest loaded filing year is 2023. The filing reports 867 participants and $90,332,285 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Buyers Products Company
- EIN
- 34-1000414
- Plan number
- 001
- Plan type
- 2
- Location
- Mentor, OH
- Latest filing year
- 2023
- Participants
- 867
- End-of-year plan assets
- $90,332,285
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 867 | H, C | 20241015153144NAL0056973346001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $90,332,285
- Total liabilities (EOY)
- $143,154
- Net assets (EOY)
- $90,189,131
- Net assets (BOY)
- $80,586,975
Income & contributions
- Employer contributions
- $8,063,585
- Total contributions
- $8,063,585
- Total income / additions
- $16,225,976
Expenses & distributions
- Benefits paid
- $6,317,365
- Administrative expenses
- $306,455
- Total expenses
- $6,623,820
- Net increase / (decrease)
- $9,602,156
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Johnson Investment Counsel | NONE | $246,689 | not reported in the loaded dataset | 2023 |
| Mccready & Keene(Oneamerica Co.) | NONE | $46,166 | not reported in the loaded dataset | 2023 |
| Maloney & Novotny LLC | NONE | $13,600 | not reported in the loaded dataset | 2023 |