Essential Brands, Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Essential Brands, 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, Essential Brands, Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Essential Brands, Inc. under EIN 52-1938283 and plan number 002. The latest loaded filing year is 2023. The filing reports 173 participants and $12,364,463 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$12.4MPlan net assets, end of year$12,364,463
Participants173Covered participants reported
Assets / participant$71.5KComputed: assets ÷ participants$71,471 (computed)
Provider compensation$48.5K5 Schedule C provider row(s)$48,462
- Plan sponsor
- Essential Brands, Inc.
- EIN
- 52-1938283
- Plan number
- 002
- Plan type
- 2
- Location
- Abingdon, MD
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 173 | H, C | 20240719141829NAL0004477731001 |
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)$12.4M total assets
Net assets$12.4MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $12,364,463
- Net assets (EOY)
- $12,364,463
- Net assets (BOY)
- $8,876,506
Income & contributions
- Employer contributions
- $411,944
- Participant contributions
- $1,013,220
- Total contributions
- $1,860,788
- Total income / additions
- $3,751,353
Expenses & distributions
- Benefits paid
- $216,135
- Administrative expenses
- $47,261
- Total expenses
- $263,396
- Net increase / (decrease)
- $3,487,957
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.
29%71%
Employer 29%Participant 71%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income6%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Compton Financial Group | INVESTMENT ADVISOR | $35,129 | not reported in the loaded dataset | 2023 |
| The Vanguard Group, Inc. | RECORDKEEPER | $12,433 | not reported in the loaded dataset | 2023 |
| Red Oak Retirement | CONTRACT TPA | $900 | not reported in the loaded dataset | 2023 |
| Lpl Financial | INVESTMENT MGMT | not reported in the loaded dataset | not reported in the loaded dataset | 2023 |
| Ascensus, LLC | not reported in the loaded dataset | $0 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Essential Brands, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Abingdon, MD
- Compton Financial Group — Schedule C compensation
- The Vanguard Group, Inc. — Schedule C compensation
- Red Oak Retirement — Schedule C compensation
- Lpl Financial — Schedule C compensation
- Ascensus, LLC — Schedule C compensation