Falcon Farms, Inc. 401(K) Plan — Form 5500 plan (Falcon Farms, 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, Falcon Farms, Inc. 401(K) Plan is a benefit plan reported by Falcon Farms, Inc. under EIN 59-2789459 and plan number 001. The latest loaded filing year is 2023. The filing reports 492 participants and $6,960,244 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Falcon Farms, Inc.
EIN
59-2789459
Plan number
001
Plan type
2
Location
Miami, FL
Latest filing year
2023
Participants
492
End-of-year plan assets
$6,960,244

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023492H, C20241002081445NAL0016134834001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,960,244
Total liabilities (EOY)
$49,070
Net assets (EOY)
$6,911,174
Net assets (BOY)
$5,873,801

Income & contributions

Employer contributions
$277,458
Participant contributions
$622,221
Total contributions
$899,679
Total income / additions
$1,573,352

Expenses & distributions

Benefits paid
$484,562
Administrative expenses
$2,347
Total expenses
$535,979
Net increase / (decrease)
$1,037,373

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pension Services, Inc.TPA$0$3,0112023
Empower Annuity Insurance CompanyRECORDKEEPER$2,224$02023

Related Form 5500 pages