2023 Form 5500 filing — H. Betti Industries 401k Savings 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 20241014190620NAL0028132833001) for H. Betti Industries 401k Savings Plan, reported by H. Betti Industries Inc. under EIN 22-1522807 and plan number 002. It reports 507 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014190620NAL0028132833001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- H. Betti Industries Inc.
- EIN
- 22-1522807
- Plan number
- 002
- Location
- Carlstadt, NJ
- Participants
- 507
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $42,955,937
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $42,955,937
- Employer contributions
- $1,055,511
- Participant contributions
- $1,942,830
- Total income / additions
- $9,030,503
- Benefits paid
- $2,797,756
- Administrative expenses
- $20,209
- Total expenses
- $2,835,151
- Net increase / (decrease)
- $6,195,352
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners LLC | SERVICE PROVIDER | $0 | $59,518 |
| Mazars Usa Llp | SERVICE PROVIDER | $10,000 | not reported in the loaded dataset |
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $7,259 | not reported in the loaded dataset |