2023 Form 5500 filing — Beco, Inc. 401(K) Profit Sharing Plan & Trust

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 20240920151330NAL0014876546001) for Beco, Inc. 401(K) Profit Sharing Plan & Trust, reported by Beco, Inc. under EIN 45-0414820 and plan number 002. It reports 459 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$0Reported net assets
Participants459
Provider compensation$17.7K3 Schedule C row(s)$17,672
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240920151330NAL0014876546001
Plan sponsor
Beco, Inc.
EIN
45-0414820
Plan number
002
Location
New Salem, ND
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Money in vs. money out
Total income / additions$755K
Total expenses$2.6M
Benefits paid / distributions$2.6M
Contributions
Employer$76.5K
Participant$195.8K
Full reported line items
Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Employer contributions
$76,481
Participant contributions
$195,826
Total income / additions
$755,047
Benefits paid
$2,564,290
Administrative expenses
$17,672
Total expenses
$2,581,962
Net increase / (decrease)
-$1,826,915
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    INVESTMENT ADVISOR · Direct $9.5K
  2. 2
    RECORDKEEPER · Direct $7.5K · Indirect $0
  3. 3
    INVESTMENT MGMT · Direct $615

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240920151330NAL0014876546001 cover?
It is the 2023 Form 5500 filing for Beco, Inc. 401(K) Profit Sharing Plan & Trust, reported by Beco, Inc. (EIN 45-0414820).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages