Beta Group Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Beta Group Inc)
Plain-English plan 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, Beta Group Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Beta Group Inc under EIN 05-0398907 and plan number 001. The latest loaded filing year is 2023. The filing reports 197 participants and $38,617,428 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Beta Group Inc
- EIN
- 05-0398907
- Plan number
- 001
- Plan type
- 2
- Location
- Lincoln, RI
- Latest filing year
- 2023
- Participants
- 197
- End-of-year plan assets
- $38,617,428
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 197 | H, C | 20241008131225NAL0016706833001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $38,617,428
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $38,617,428
- Net assets (BOY)
- $31,811,873
Income & contributions
- Employer contributions
- $321,894
- Participant contributions
- $1,780,774
- Total contributions
- $2,334,797
- Total income / additions
- $8,652,151
Expenses & distributions
- Benefits paid
- $1,797,562
- Administrative expenses
- $49,034
- Total expenses
- $1,846,596
- Net increase / (decrease)
- $6,805,555
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $23,793 | not reported in the loaded dataset | 2023 |
| Cetera Advisor Networks | ADVISOR | $18,736 | not reported in the loaded dataset | 2023 |