Binex Msd 401k Plan — Form 5500 plan (Binex)
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, Binex Msd 401k Plan is a benefit plan reported by Binex under EIN 95-4514848 and plan number 001. The latest loaded filing year is 2023. The filing reports 168 participants and $10,633,163 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Binex
- EIN
- 95-4514848
- Plan number
- 001
- Plan type
- 2
- Location
- Torrance, CA
- Latest filing year
- 2023
- Participants
- 168
- End-of-year plan assets
- $10,633,163
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 168 | H, C | 20241015080800NAL0015969411001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,633,163
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,633,163
- Net assets (BOY)
- $7,596,129
Income & contributions
- Employer contributions
- $732,356
- Participant contributions
- $996,187
- Total contributions
- $1,761,449
- Total income / additions
- $3,483,386
Expenses & distributions
- Benefits paid
- $408,329
- Administrative expenses
- $28,337
- Total expenses
- $446,352
- Net increase / (decrease)
- $3,037,034
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $16,357 | $0 | 2023 |
| Allmerits Asset, LLC | INVESTMENT/FINANCIAL ADVI | $10,390 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $1,590 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Binex
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Torrance, CA
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Allmerits Asset, LLC — Schedule C compensation
- Adp, Inc. — Schedule C compensation
- Adp Broker-Dealer — Schedule C compensation