H. Betti Industries 401k Savings Plan — Form 5500 plan (H. Betti Industries 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, H. Betti Industries 401k Savings Plan is a benefit plan reported by H. Betti Industries Inc. under EIN 22-1522807 and plan number 002. The latest loaded filing year is 2023. The filing reports 507 participants and $42,955,937 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- H. Betti Industries Inc.
- EIN
- 22-1522807
- Plan number
- 002
- Plan type
- 2
- Location
- Carlstadt, NJ
- Latest filing year
- 2023
- Participants
- 507
- End-of-year plan assets
- $42,955,937
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 507 | H, C | 20241014190620NAL0028132833001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $42,955,937
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $42,955,937
- Net assets (BOY)
- $36,760,585
Income & contributions
- Employer contributions
- $1,055,511
- Participant contributions
- $1,942,830
- Total contributions
- $3,026,621
- Total income / additions
- $9,030,503
Expenses & distributions
- Benefits paid
- $2,797,756
- Administrative expenses
- $20,209
- Total expenses
- $2,835,151
- Net increase / (decrease)
- $6,195,352
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners LLC | SERVICE PROVIDER | $0 | $59,518 | 2023 |
| Mazars Usa Llp | SERVICE PROVIDER | $10,000 | not reported in the loaded dataset | 2023 |
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $7,259 | not reported in the loaded dataset | 2023 |