Bergstrom Inc Profit Sharing And Employee Savings Plan — Form 5500 plan (Bergstrom 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, Bergstrom Inc Profit Sharing And Employee Savings Plan is a benefit plan reported by Bergstrom Inc under EIN 36-2138104 and plan number 001. The latest loaded filing year is 2023. The filing reports 586 participants and $59,824,418 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bergstrom Inc
- EIN
- 36-2138104
- Plan number
- 001
- Plan type
- 2
- Location
- Rockford, IL
- Latest filing year
- 2023
- Participants
- 586
- End-of-year plan assets
- $59,824,418
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 586 | H, C | 20250320081953NAL0006546385001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $59,824,418
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,824,418
- Net assets (BOY)
- $51,656,286
Income & contributions
- Employer contributions
- $1,129,874
- Participant contributions
- $2,224,576
- Total contributions
- $3,410,555
- Total income / additions
- $12,025,837
Expenses & distributions
- Benefits paid
- $3,759,474
- Administrative expenses
- $98,231
- Total expenses
- $3,857,705
- Net increase / (decrease)
- $8,168,132
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Newport Group, Inc. | NONE | $72,604 | $0 | 2023 |
| Clifton Larson Allen, Llp | NONE | $12,600 | not reported in the loaded dataset | 2023 |
| Newport Trust Company | NONE | $10,469 | $0 | 2023 |