Bellingham Marine Industries 401(K) Plan — Form 5500 plan (Bellingham Marine 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, Bellingham Marine Industries 401(K) Plan is a benefit plan reported by Bellingham Marine Industries Inc under EIN 91-0141770 and plan number 006. The latest loaded filing year is 2023. The filing reports 305 participants and $17,792,461 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bellingham Marine Industries Inc
- EIN
- 91-0141770
- Plan number
- 006
- Plan type
- 2
- Location
- Ferndale, WA
- Latest filing year
- 2023
- Participants
- 305
- End-of-year plan assets
- $17,792,461
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 305 | H, C | 20240927163013NAL0005043250001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,792,461
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,792,461
- Net assets (BOY)
- $15,590,230
Income & contributions
- Employer contributions
- $586,233
- Participant contributions
- $972,584
- Total contributions
- $1,569,279
- Total income / additions
- $4,464,612
Expenses & distributions
- Benefits paid
- $2,191,736
- Administrative expenses
- $66,917
- Total expenses
- $2,262,381
- Net increase / (decrease)
- $2,202,231
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $43,956 | $0 | 2023 |
| Usi Advisors Inc | ADVISOR | $22,669 | not reported in the loaded dataset | 2023 |