Byrne Electrical Specialists, Inc. Retirement Savings Plan — Form 5500 plan (Byrne Electrical Specialists, Inc.)
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, Byrne Electrical Specialists, Inc. Retirement Savings Plan is a benefit plan reported by Byrne Electrical Specialists, Inc. under EIN 38-1948223 and plan number 001. The latest loaded filing year is 2023. The filing reports 835 participants and $10,901,573 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Byrne Electrical Specialists, Inc.
- EIN
- 38-1948223
- Plan number
- 001
- Plan type
- 2
- Location
- Rockford, MI
- Latest filing year
- 2023
- Participants
- 835
- End-of-year plan assets
- $10,901,573
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 835 | H, C | 20241014171422NAL0015349139001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,901,573
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,901,573
- Net assets (BOY)
- $9,276,613
Income & contributions
- Employer contributions
- $154,624
- Participant contributions
- $916,819
- Total contributions
- $1,231,006
- Total income / additions
- $2,844,431
Expenses & distributions
- Benefits paid
- $1,135,778
- Administrative expenses
- $83,693
- Total expenses
- $1,219,471
- Net increase / (decrease)
- $1,624,960
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Retirement Plan Company | RECORDKEEPER | $47,342 | not reported in the loaded dataset | 2023 |
| Lpl Financial | ADVISOR | $21,461 | not reported in the loaded dataset | 2023 |
| Ibs Financial Group | NONE | $9,910 | not reported in the loaded dataset | 2023 |
| Matrix | NONE | $4,980 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Byrne Electrical Specialists, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Rockford, MI
- The Retirement Plan Company — Schedule C compensation
- Lpl Financial — Schedule C compensation
- Ibs Financial Group — Schedule C compensation
- Matrix — Schedule C compensation