B & D Industries, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (B & D Industries, 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, B & D Industries, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by B & D Industries, Inc. under EIN 85-0196391 and plan number 002. The latest loaded filing year is 2023. The filing reports 233 participants and $13,575,030 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- B & D Industries, Inc.
- EIN
- 85-0196391
- Plan number
- 002
- Plan type
- 2
- Location
- Albuquerque, NM
- Latest filing year
- 2023
- Participants
- 233
- End-of-year plan assets
- $13,575,030
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 233 | H, C | 20241015113947NAL0014507139001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,575,030
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,575,030
- Net assets (BOY)
- $11,252,057
Income & contributions
- Employer contributions
- $712,151
- Participant contributions
- $394,277
- Total contributions
- $1,111,391
- Total income / additions
- $2,591,032
Expenses & distributions
- Benefits paid
- $243,133
- Administrative expenses
- $24,926
- Total expenses
- $268,059
- Net increase / (decrease)
- $2,322,973
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial LLC | BROKER ADVISOR | $0 | $19,853 | 2023 |
| Pension Planning Consultants, Inc. | CONTRACT ADMIN | $2,300 | $10,000 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGT | $9,780 | $0 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $9,340 | $0 | 2023 |
| 3 38 Investment Fiduciaries Inc | INVESTMENT ADVISOR | $4,506 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for B & D Industries, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NM
- 401(k) and benefit plan filings in Albuquerque, NM
- Lpl Financial LLC — Schedule C compensation
- Pension Planning Consultants, Inc. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- 3 38 Investment Fiduciaries Inc — Schedule C compensation