Block Imaging International, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Block Imaging International, 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, Block Imaging International, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Block Imaging International, Inc. under EIN 38-3381724 and plan number 001. The latest loaded filing year is 2023. The filing reports 221 participants and $16,347,455 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.3MPlan net assets, end of year$16,347,455
Participants221Covered participants reported
Assets / participant$74KComputed: assets ÷ participants$73,970 (computed)
Provider compensation$118.5K5 Schedule C provider row(s)$118,502
Plan sponsor
Block Imaging International, Inc.
EIN
38-3381724
Plan number
001
Plan type
2
Location
Holt, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023221H, C20240925133426NAL0019882272001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$16.3M total assets
Net assets$16.3MLiabilities
Money in vs. money out
Total income / additions$5.2M
Total expenses$807K
Benefits paid / distributions$723.6K
Contributions
Employer$605.3K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$16,347,455
Net assets (EOY)
$16,347,455
Net assets (BOY)
$11,991,707

Income & contributions

Employer contributions
$605,277
Participant contributions
$1,321,445
Total contributions
$2,747,934
Total income / additions
$5,162,710

Expenses & distributions

Benefits paid
$723,646
Administrative expenses
$83,316
Total expenses
$806,962
Net increase / (decrease)
$4,355,748
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 31%Participant 69%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income14%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$76,312$02023
Ohio National Insurance Agency IncOTHER SERVICES$0$17,4092023
Great Lakes Pension Associates Incnot reported in the loaded dataset$7,004$5,8642023
O N Equity Sales CoOTHER SERVICES$0$11,9132023
Morningstar Investment ManagementINV ADV. PARTICIPANTS$0$02023

Related Form 5500 pages