Who sponsors the Better Foods, Inc. 401(K) Plan?

Better Foods, Inc. 401(K) Plan is reported as sponsored by Better Foods, Inc. (EIN 55-0514358, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Better Foods, Inc. 401(K) Plan?

The latest Form 5500 filing year loaded for Better Foods, Inc. 401(K) Plan is 2023.

How many participants does Better Foods, Inc. 401(K) Plan report?

Better Foods, Inc. 401(K) Plan reports 321 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Better Foods, Inc. 401(K) Plan?

Better Foods, Inc. 401(K) Plan reports $1,585,879 in end-of-year plan assets in its latest loaded Form 5500 filing.

Better Foods, Inc. 401(K) Plan — Form 5500 plan (Better Foods, 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, Better Foods, Inc. 401(K) Plan is a benefit plan reported by Better Foods, Inc. under EIN 55-0514358 and plan number 001. The latest loaded filing year is 2023. The filing reports 321 participants and $1,585,879 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.6MPlan net assets, end of year$1,585,879

Participants321Covered participants reported

Assets / participant$4.9KComputed: assets ÷ participants$4,940 (computed)

Provider compensation$3.3K1 Schedule C provider row(s)$3,275

Plan sponsor: Better Foods, Inc.
EIN: 55-0514358
Plan number: 001
Plan type: 2
Location: Nitro, WV
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	321	H, C	20241015080911NAL0048447056001

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)$1.6M total assets

Net assets$1.6MLiabilities$0

Money in vs. money out

Total income / additions$406K

Total expenses$667.8K

Benefits paid / distributions$662.8K

Contributions

Employer$49.2K

Participant$140.4K

Full reported line items

Net assets

Total assets (EOY): $1,585,879
Total liabilities (EOY): $0
Net assets (EOY): $1,585,879
Net assets (BOY): $1,847,666

Income & contributions

Employer contributions: $49,234
Participant contributions: $140,435
Total contributions: $189,669
Total income / additions: $406,007

Expenses & distributions

Benefits paid: $662,769
Administrative expenses: $5,025
Total expenses: $667,794
Net increase / (decrease): -$261,787

Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)

26%74%

Employer 26%Participant 74%

Total expenses ÷ net assets42%Computed ratio

Benefits paid ÷ total income163%Computed ratio

Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Adp, Inc.	RECORD KEEPER	$3,275	$0	2023