Blp/Alt Profit Sharing Plan — Form 5500 plan (Bonded Lightning Protection Systems, Ltd)
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, Blp/Alt Profit Sharing Plan is a benefit plan reported by Bonded Lightning Protection Systems, Ltd under EIN 75-2851023 and plan number 001. The latest loaded filing year is 2023. The filing reports 197 participants and $8,936,501 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bonded Lightning Protection Systems, Ltd
- EIN
- 75-2851023
- Plan number
- 001
- Plan type
- 2
- Location
- Argyle, TX
- Latest filing year
- 2023
- Participants
- 197
- End-of-year plan assets
- $8,936,501
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 197 | H, C | 20241014165553NAL0013655763001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,936,501
- Net assets (EOY)
- $8,936,501
- Net assets (BOY)
- $7,655,166
Income & contributions
- Employer contributions
- $208,644
- Participant contributions
- $257,765
- Total contributions
- $475,461
- Total income / additions
- $1,662,592
Expenses & distributions
- Benefits paid
- $328,639
- Administrative expenses
- $52,618
- Total expenses
- $381,257
- Net increase / (decrease)
- $1,281,335
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $50,656 | $0 | 2023 |
| Berthel Fisher & Co Ins Inc | BROKER/ADVISER | $0 | $15,268 | 2023 |
| Nova 401(K) Associates | THIRD PARTY ADMINISTRATOR | $1,865 | $5,920 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bonded Lightning Protection Systems, Ltd
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Argyle, TX
- Empower Annuity Insurance Company — Schedule C compensation
- Berthel Fisher & Co Ins Inc — Schedule C compensation
- Nova 401(K) Associates — Schedule C compensation