2023 Form 5500 filing — The Employees Retirement Savings Plan Of The Besser Companies
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 20241011131254NAL0012521491001) for The Employees Retirement Savings Plan Of The Besser Companies, reported by Besser Company under EIN 38-0346640 and plan number 004. It reports 435 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011131254NAL0012521491001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Besser Company
- EIN
- 38-0346640
- Plan number
- 004
- Location
- Alpena, MI
- Participants
- 435
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $45,058,317
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $45,058,317
- Employer contributions
- $1,064,889
- Participant contributions
- $2,328,500
- Total income / additions
- $10,871,416
- Benefits paid
- $7,298,753
- Administrative expenses
- $57,092
- Total expenses
- $7,366,128
- Net increase / (decrease)
- $3,505,288
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners LLC | NONE | $40,600 | not reported in the loaded dataset |
| American United Life Insurance Co | NONE | $5,102 | $29,210 |
| Rt Jones Capital Equities Mgmt Inc | NONE | $13,040 | not reported in the loaded dataset |