Brycon Corporation 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Brycon Corporation)
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, Brycon Corporation 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Brycon Corporation under EIN 85-0383294 and plan number 001. The latest loaded filing year is 2023. The filing reports 554 participants and $19,440,794 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Brycon Corporation
- EIN
- 85-0383294
- Plan number
- 001
- Plan type
- 2
- Location
- Rio Rancho, NM
- Latest filing year
- 2023
- Participants
- 554
- End-of-year plan assets
- $19,440,794
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 554 | H, C | 20241014150248NAL0046493264001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,440,794
- Total liabilities (EOY)
- $106,047
- Net assets (EOY)
- $19,334,747
- Net assets (BOY)
- $15,509,659
Income & contributions
- Employer contributions
- $372,410
- Participant contributions
- $1,387,373
- Total contributions
- $1,965,043
- Total income / additions
- $4,988,241
Expenses & distributions
- Benefits paid
- $1,010,849
- Administrative expenses
- $60,789
- Total expenses
- $1,163,153
- Net increase / (decrease)
- $3,825,088
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alerus Financial, N.A. | NONE | $52,873 | $0 | 2023 |
| Alerus Investment Advisors, Inc. | NONE | $7,916 | not reported in the loaded dataset | 2023 |