2023 Form 5500 filing — Best Brands 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 20241015172514NAL0016963699001) for Best Brands 401(K) Plan, reported by Best Brands Inc. under EIN 62-1177514 and plan number 001. It reports 288 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)$8MReported net assets$7,967,622
Participants288
Provider compensation$81.3K3 Schedule C row(s)$81,297
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015172514NAL0016963699001
Plan sponsor
Best Brands Inc.
EIN
62-1177514
Plan number
001
Location
Nashville, TN
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)$8M total assets
Net assets$8MLiabilities$0
Money in vs. money out
Total income / additions$2.2M
Total expenses$404.7K
Benefits paid / distributions$323.4K
Contributions
Employer$442.1K
Participant$675.5K
Full reported line items
Total assets (EOY)
$7,967,622
Total liabilities (EOY)
$0
Net assets (EOY)
$7,967,622
Employer contributions
$442,099
Participant contributions
$675,524
Total income / additions
$2,207,725
Benefits paid
$323,418
Administrative expenses
$81,277
Total expenses
$404,695
Net increase / (decrease)
$1,803,030
Schedule C

Reported service provider compensation

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

  1. 1
    RECORDKEEPER · Direct $45.8K · Indirect $0
  2. 2
    INVESTMENT ADVISORY - PL · Direct $34.6K
  3. 3
    RECORDKEEPER · Direct $800 · Indirect $23

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015172514NAL0016963699001 cover?
It is the 2023 Form 5500 filing for Best Brands 401(K) Plan, reported by Best Brands Inc. (EIN 62-1177514).
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