Branch Financial 401(K) Plan — Form 5500 plan (Branch Financial, 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, Branch Financial 401(K) Plan is a benefit plan reported by Branch Financial, Inc. under EIN 82-0628587 and plan number 001. The latest loaded filing year is 2023. The filing reports 490 participants and $9,616,113 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Branch Financial, Inc.
- EIN
- 82-0628587
- Plan number
- 001
- Plan type
- 2
- Location
- Columbus, OH
- Latest filing year
- 2023
- Participants
- 490
- End-of-year plan assets
- $9,616,113
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 490 | H, C | 20241004101848NAL0020215776001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,616,113
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,616,113
- Net assets (BOY)
- $5,061,857
Income & contributions
- Employer contributions
- $1,125,174
- Participant contributions
- $3,020,337
- Total contributions
- $4,981,152
- Total income / additions
- $6,196,231
Expenses & distributions
- Benefits paid
- $1,535,296
- Administrative expenses
- $106,679
- Total expenses
- $1,641,975
- Net increase / (decrease)
- $4,554,256
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $77,025 | $0 | 2023 |
| Lpl Financial Corporation | BROKER | $0 | $29,823 | 2023 |
| Creative Retirement Systems, Inc | RECORDKEEPER | $25,219 | $178 | 2023 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISORY | $3,590 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Branch Financial, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Columbus, OH
- Transamerica Retirement Solutions — Schedule C compensation
- Lpl Financial Corporation — Schedule C compensation
- Creative Retirement Systems, Inc — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation