Biltmore Workforce Management 401(K) Profit Sharing Plan — Form 5500 plan (Biltmore Workforce Management, LLC)
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, Biltmore Workforce Management 401(K) Profit Sharing Plan is a benefit plan reported by Biltmore Workforce Management, LLC under EIN 47-3797737 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,670 participants and $89,510,204 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$89.5MPlan net assets, end of year$89,510,204
Participants1.7KCovered participants reported1,670
Assets / participant$53.6KComputed: assets ÷ participants$53,599 (computed)
Provider compensation$139.3K1 Schedule C provider row(s)$139,286
- Plan sponsor
- Biltmore Workforce Management, LLC
- EIN
- 47-3797737
- Plan number
- 001
- Plan type
- 2
- Location
- Ashville, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,670 | H, C | 20250430091505NAL0001696225001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$89.5M total assets
Net assets$89.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $89,510,204
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $89,510,204
- Net assets (BOY)
- $75,915,449
Income & contributions
- Employer contributions
- $2,283,430
- Participant contributions
- $4,905,601
- Total contributions
- $7,469,233
- Total income / additions
- $22,290,277
Expenses & distributions
- Benefits paid
- $8,546,079
- Administrative expenses
- $139,354
- Total expenses
- $8,695,522
- Net increase / (decrease)
- $13,594,755
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $139,286 | $0 | 2023 |