Plan5500

Bessemer City, NC Form 5500 retirement and benefit plan filings

City Form 5500 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, Bessemer City, NC has 3 loaded benefit plan(s) reported by 3 plan sponsor(s), with $894,323 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
3
Plan sponsors
3
Latest filing year
2023

What stands out in Bessemer City

  • 3 loaded plans hold $894.3K in reported assets across 3 sponsors.
  • The largest, Tosaf Inc 401(K) Profit Sharing Plan & Trust, holds 77% of reported Bessemer City plan assets.
  • Plans cover 178 participants — about 59 per plan.
  • 100% of loaded plans report full Schedule H/I financial statements.
  • report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$894.3KSummed across loaded plans$894,323
Total reported assets$894.3K$894,323
Total reported participants178
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$894.3K total assets
Net assets$894.3KLiabilities$0
Contributions & income
Employer contributions$75.1K
Participant contributions$120K
Total income / additions$501K
Expenses & distributions
Benefits paid / distributions$239.1K
Total expenses$240.2K
Net increase / (decrease)$260.7K

Data coverage

Plans with financial statements3 / 3 (100%)
Plans with provider compensation0 / 3 ()

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Bessemer City, NC plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Bessemer City market comparison

Largest plan share of assets77%Tosaf Inc 401(K) Profit Sharing Plan & Trust
Participants per plan59Average across loaded plans
Plan sponsors3
Ranked by reported assets

Largest loaded plans in Bessemer City

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Tosaf Inc 401(K) Profit Sharing Plan & Trust$690.6K
    Tosaf Usa, Inc. · 2023
  2. 2
    Magnolia Grove Of Charlotte, Inc. 401(K) Profit Sharing Plan$202.7K
    Magnolia Grove Of Charlotte, Inc. · 2023
  3. 3
    Putnam Drug, Inc. 401(K) Plan$991
    Putnam Drug, Inc. Dba Central Drug Of Bessemer Cit · 2023

Largest plans in Bessemer City → · Bessemer City plans by participants → · Bessemer City plans with financial data → · Bessemer City plans with provider compensation → · $1B+ plans in Bessemer City →

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Bessemer City, NC?
3 plan(s) reported by 3 sponsor(s) are loaded for Bessemer City, NC.

Related Form 5500 pages