The Building People, LLC 401(K) Plan — Form 5500 plan (The Building People, LLC)
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, The Building People, LLC 401(K) Plan is a benefit plan reported by The Building People, LLC under EIN 45-4839699 and plan number 001. The latest loaded filing year is 2023. The filing reports 381 participants and $7,224,120 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Building People, LLC
- EIN
- 45-4839699
- Plan number
- 001
- Plan type
- 2
- Location
- Leesburg, VA
- Latest filing year
- 2023
- Participants
- 381
- End-of-year plan assets
- $7,224,120
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 381 | H, C | 20241015095940NAL0014359651001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,224,120
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,224,120
- Net assets (BOY)
- $4,987,714
Income & contributions
- Employer contributions
- $706,650
- Participant contributions
- $1,335,097
- Total contributions
- $2,625,266
- Total income / additions
- $3,521,333
Expenses & distributions
- Benefits paid
- $1,225,597
- Administrative expenses
- $58,142
- Total expenses
- $1,284,927
- Net increase / (decrease)
- $2,236,406
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Valmark Advisers Inc | INVESTMENT ADVISOR | $31,320 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group LLC | INVESTMENT MGMT | $12,712 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $11,865 | $0 | 2023 |
| Benchmark Retirement Plan Services | CONTRACT ADMIN | $4,000 | $5,520 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Building People, LLC
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Leesburg, VA
- Valmark Advisers Inc — Schedule C compensation
- Empower Advisory Group LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Benchmark Retirement Plan Services — Schedule C compensation