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, Budnick Converting, Inc. 401(K) Plan is a benefit plan reported by Budnick Converting, Inc. under EIN 37-0914101 and plan number 002. The latest loaded filing year is 2023. The filing reports 127 participants and $15,213,712 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,213,712
- Total liabilities (EOY)
- $12,309
- Net assets (EOY)
- $15,201,403
- Net assets (BOY)
- $13,377,241
Income & contributions
- Employer contributions
- $112,133
- Participant contributions
- $715,440
- Total contributions
- $827,573
- Total income / additions
- $2,760,576
Expenses & distributions
- Benefits paid
- $855,101
- Administrative expenses
- $63,087
- Total expenses
- $936,414
- Net increase / (decrease)
- $1,824,162