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, Bgf Industries, Inc. Retirement Savings Plan is a benefit plan reported by Bgf Industries, Inc. under EIN 56-1600845 and plan number 002. The latest loaded filing year is 2023. The filing reports 640 participants and $32,923,477 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,923,477
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,923,477
- Net assets (BOY)
- $30,051,624
Income & contributions
- Employer contributions
- $1,170,739
- Participant contributions
- $1,873,800
- Total contributions
- $3,048,818
- Total income / additions
- $7,280,082
Expenses & distributions
- Benefits paid
- $4,276,646
- Administrative expenses
- $131,583
- Total expenses
- $4,408,229
- Net increase / (decrease)
- $2,871,853