2023 Form 5500 filing — Best Line Leasing, Inc. 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240911151426NAL0008713905001) for Best Line Leasing, Inc. 401(K) Plan, reported by Best Line Leasing, Inc. under EIN 23-2377559 and plan number 001. It reports 455 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240911151426NAL0008713905001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Best Line Leasing, Inc.
- EIN
- 23-2377559
- Plan number
- 001
- Location
- State College, PA
- Participants
- 455
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,181,060
- Total liabilities (EOY)
- $29,148
- Net assets (EOY)
- $27,151,912
- Employer contributions
- $630,366
- Participant contributions
- $2,273,065
- Total income / additions
- $7,148,037
- Benefits paid
- $1,422,476
- Administrative expenses
- $129,688
- Total expenses
- $1,581,312
- Net increase / (decrease)
- $5,566,725
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co. Of Am | RECORDKEEPER | $129,688 | $0 |
| Farmers & Merchants Trust Company | INVESTMENT ADVISOR | $64,362 | not reported in the loaded dataset |
| The Paragon Alliance Group LLC | CONTRACT ADMIN | $0 | $18,538 |