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, Bmi Companies Retirement Savings Plan is a benefit plan reported by Bmi Financial Group, Inc. under EIN 59-2787441 and plan number 001. The latest loaded filing year is 2023. The filing reports 154 participants and $8,455,726 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,455,726
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,455,726
- Net assets (BOY)
- $8,745,971
Income & contributions
- Employer contributions
- $95,301
- Participant contributions
- $555,105
- Total contributions
- $650,406
- Total income / additions
- $1,766,700
Expenses & distributions
- Benefits paid
- $2,024,764
- Administrative expenses
- $8,496
- Total expenses
- $2,056,945
- Net increase / (decrease)
- -$290,245