Faddis Concrete Products 401(K) Plan — Form 5500 plan (Faddis Concrete Products 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, Faddis Concrete Products 401(K) Plan is a benefit plan reported by Faddis Concrete Products Inc. under EIN 87-1233675 and plan number 001. The latest loaded filing year is 2023. The filing reports 221 participants and $3,122,311 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Faddis Concrete Products Inc.
- EIN
- 87-1233675
- Plan number
- 001
- Plan type
- 2
- Location
- Honey Brook, PA
- Latest filing year
- 2023
- Participants
- 221
- End-of-year plan assets
- $3,122,311
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 221 | H, C | 20241014131142NAL0014978227001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,122,311
- Total liabilities (EOY)
- $5,124
- Net assets (EOY)
- $3,117,187
- Net assets (BOY)
- $2,517,191
Income & contributions
- Employer contributions
- $104,537
- Participant contributions
- $338,762
- Total contributions
- $455,780
- Total income / additions
- $879,997
Expenses & distributions
- Benefits paid
- $256,571
- Administrative expenses
- $23,430
- Total expenses
- $280,001
- Net increase / (decrease)
- $599,996
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Northeast Financial Group, Inc. | FINANCIAL ADVISOR | $14,373 | not reported in the loaded dataset | 2023 |
| Penserv Plan Services | RECORDKEEPER | $9,057 | not reported in the loaded dataset | 2023 |