2023 Form 5500 filing — Beacon Specialized Living 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 20241015174032NAL0030519921001) for Beacon Specialized Living 401(K) Plan, reported by Beacon Specialized Living Services, Inc. under EIN 38-3411707 and plan number 001. It reports 1,514 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015174032NAL0030519921001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Beacon Specialized Living Services, Inc.
- EIN
- 38-3411707
- Plan number
- 001
- Location
- Kalamazoo, MI
- Participants
- 1,514
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,806,934
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,806,934
- Employer contributions
- $895,873
- Participant contributions
- $1,526,567
- Total income / additions
- $5,206,117
- Benefits paid
- $873,964
- Administrative expenses
- $144,817
- Total expenses
- $1,018,781
- Net increase / (decrease)
- $4,187,336
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Life Insurance Company | RECORDKEEPER | $67,811 | $0 |
| Capstone Wealth Management Group L | INVESTMENT ADVISORY | $43,525 | not reported in the loaded dataset |
| Futureplan By Ascensus | TPA | $33,481 | $33 |