2023 Form 5500 filing — Best & Flanagan Llp 401(K) Profit Sharing 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 20241011113421NAL0044140322005) for Best & Flanagan Llp 401(K) Profit Sharing Plan, reported by Best & Flanagan Llp under EIN 41-0150277 and plan number 003. It reports 110 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)$62.5MReported net assets$62,480,257
Participants110
Provider compensation$79.7K4 Schedule C row(s)$79,742
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011113421NAL0044140322005
Plan sponsor
Best & Flanagan Llp
EIN
41-0150277
Plan number
003
Location
Minneapolis, MN
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.

Reported balance (end of year)$62.5M total assets
Net assets$62.5MLiabilities
Money in vs. money out
Total income / additions$11.5M
Total expenses$2.6M
Benefits paid / distributions$2.5M
Contributions
Employer$1.3M
Participant$1M
Full reported line items
Total assets (EOY)
$62,480,257
Net assets (EOY)
$62,480,257
Employer contributions
$1,298,973
Participant contributions
$1,009,831
Total income / additions
$11,456,434
Benefits paid
$2,482,783
Administrative expenses
$82,015
Total expenses
$2,585,174
Net increase / (decrease)
$8,871,260
Schedule C

Reported service provider compensation

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

  1. 1
    NONE · Direct $37K
  2. 2
    NONE · Direct $33.8K
  3. 3
    NONE · Direct $8.3K
  4. 4
    NONE · Direct $653 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241011113421NAL0044140322005 cover?
It is the 2023 Form 5500 filing for Best & Flanagan Llp 401(K) Profit Sharing Plan, reported by Best & Flanagan Llp (EIN 41-0150277).
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