Bestcare, Inc. Employees 401(K) Plan & Trust — Form 5500 plan (Bestcare, 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, Bestcare, Inc. Employees 401(K) Plan & Trust is a benefit plan reported by Bestcare, Inc. under EIN 13-3121904 and plan number 001. The latest loaded filing year is 2023. The filing reports 158 participants and $6,014,322 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bestcare, Inc.
EIN
13-3121904
Plan number
001
Plan type
2
Location
Levittown, NY
Latest filing year
2023
Participants
158
End-of-year plan assets
$6,014,322

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023158H, C20240724134314NAL0021765296001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,014,322
Total liabilities (EOY)
$0
Net assets (EOY)
$6,014,322
Net assets (BOY)
$5,654,772

Income & contributions

Employer contributions
$35,809
Participant contributions
$407,084
Total contributions
$801,508
Total income / additions
$1,566,088

Expenses & distributions

Benefits paid
$1,190,470
Administrative expenses
$16,068
Total expenses
$1,206,538
Net increase / (decrease)
$359,550

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
First American BankNONE$15,868$02023

Related Form 5500 pages