Besser Company Employee Stock Ownership Plan — 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, Besser Company Employee Stock Ownership Plan is a benefit plan reported by Besser Company under EIN 38-0346640 and plan number 005. The latest loaded filing year is 2023. The filing reports 489 participants and $65,985,679 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Besser Company
- EIN
- 38-0346640
- Plan number
- 005
- Plan type
- 2
- Location
- Alpena, MI
- Latest filing year
- 2023
- Participants
- 489
- End-of-year plan assets
- $65,985,679
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 489 | H | 20241014132753NAL0015002499001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $65,985,679
- Total liabilities (EOY)
- $8,724,673
- Net assets (EOY)
- $57,261,006
- Net assets (BOY)
- $40,481,910
Income & contributions
- Employer contributions
- $1,795,549
- Total contributions
- $1,795,549
- Total income / additions
- $18,619,901
Expenses & distributions
- Benefits paid
- $1,384,880
- Administrative expenses
- $185
- Total expenses
- $1,840,805
- Net increase / (decrease)
- $16,779,096
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.