The Employees Retirement Savings Plan Of The Besser Companies — Form 5500 plan (Besser Company)
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, The Employees Retirement Savings Plan Of The Besser Companies is a benefit plan reported by Besser Company under EIN 38-0346640 and plan number 004. The latest loaded filing year is 2023. The filing reports 435 participants and $45,058,317 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Besser Company
- EIN
- 38-0346640
- Plan number
- 004
- Plan type
- 2
- Location
- Alpena, MI
- Latest filing year
- 2023
- Participants
- 435
- End-of-year plan assets
- $45,058,317
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 435 | H, C | 20241011131254NAL0012521491001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $45,058,317
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $45,058,317
- Net assets (BOY)
- $41,553,029
Income & contributions
- Employer contributions
- $1,064,889
- Participant contributions
- $2,328,500
- Total contributions
- $4,758,643
- Total income / additions
- $10,871,416
Expenses & distributions
- Benefits paid
- $7,298,753
- Administrative expenses
- $57,092
- Total expenses
- $7,366,128
- Net increase / (decrease)
- $3,505,288
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners LLC | NONE | $40,600 | not reported in the loaded dataset | 2023 |
| American United Life Insurance Co | NONE | $5,102 | $29,210 | 2023 |
| Rt Jones Capital Equities Mgmt Inc | NONE | $13,040 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Besser Company
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Alpena, MI
- Global Retirement Partners LLC — Schedule C compensation
- American United Life Insurance Co — Schedule C compensation
- Rt Jones Capital Equities Mgmt Inc — Schedule C compensation