Bk Technologies, Inc Retirement Savings Plan — Form 5500 plan (Bk Technologies, 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, Bk Technologies, Inc Retirement Savings Plan is a benefit plan reported by Bk Technologies, Inc under EIN 59-3486297 and plan number 001. The latest loaded filing year is 2023. The filing reports 157 participants and $9,235,704 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bk Technologies, Inc
- EIN
- 59-3486297
- Plan number
- 001
- Plan type
- 2
- Location
- West Melbourne, FL
- Latest filing year
- 2023
- Participants
- 157
- End-of-year plan assets
- $9,235,704
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 157 | H, C | 20241011095858NAL0010789331001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,235,704
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,235,704
- Net assets (BOY)
- $10,118,695
Income & contributions
- Employer contributions
- $221,096
- Participant contributions
- $775,084
- Total contributions
- $1,009,733
- Total income / additions
- $2,219,890
Expenses & distributions
- Benefits paid
- $3,055,338
- Administrative expenses
- $47,543
- Total expenses
- $3,102,881
- Net increase / (decrease)
- -$882,991
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ubs Financial Services Inc | INVESTMENT ADVISOR | $36,872 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $10,671 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $4,739 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bk Technologies, Inc
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in West Melbourne, FL
- Ubs Financial Services Inc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation