Brask, Inc. 401(K) Plan — Form 5500 plan (Brask, 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, Brask, Inc. 401(K) Plan is a benefit plan reported by Brask, Inc. under EIN 72-1485569 and plan number 001. The latest loaded filing year is 2023. The filing reports 173 participants and $12,308,216 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Brask, Inc.
EIN
72-1485569
Plan number
001
Plan type
2
Location
Sulphur, LA
Latest filing year
2023
Participants
173
End-of-year plan assets
$12,308,216

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023173H, C20240821051702NAL0003591089001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,308,216
Total liabilities (EOY)
$0
Net assets (EOY)
$12,308,216
Net assets (BOY)
$10,431,998

Income & contributions

Employer contributions
$209,402
Participant contributions
$604,133
Total contributions
$813,535
Total income / additions
$2,976,783

Expenses & distributions

Benefits paid
$1,049,488
Administrative expenses
$45,470
Total expenses
$1,100,565
Net increase / (decrease)
$1,876,218

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
401k Advisors IncINVESTMENT/FINANCIAL ADVI$27,429$02023
Adp, Inc.RECORD KEEPER$18,041$02023

Related Form 5500 pages