Employees Savings Plan Of Bonset America Corporation — Form 5500 plan (Bonset America Corporation)
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, Employees Savings Plan Of Bonset America Corporation is a benefit plan reported by Bonset America Corporation under EIN 56-1645992 and plan number 001. The latest loaded filing year is 2023. The filing reports 174 participants and $21,386,377 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bonset America Corporation
- EIN
- 56-1645992
- Plan number
- 001
- Plan type
- 2
- Location
- Browns Summit, NC
- Latest filing year
- 2023
- Participants
- 174
- End-of-year plan assets
- $21,386,377
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 174 | H, C | 20240808080933NAL0002619715001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,386,377
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,386,377
- Net assets (BOY)
- $19,896,416
Income & contributions
- Employer contributions
- $474,111
- Participant contributions
- $811,737
- Total contributions
- $1,288,065
- Total income / additions
- $3,742,659
Expenses & distributions
- Benefits paid
- $2,205,511
- Administrative expenses
- $47,187
- Total expenses
- $2,252,698
- Net increase / (decrease)
- $1,489,961
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $26,130 | $0 | 2023 |
| Mma Securities LLC | INVESTMENT ADVISOR | $14,000 | not reported in the loaded dataset | 2023 |
| Lpl Financial | INVESTMENT ADVISOR | $7,000 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $57 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bonset America Corporation
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Browns Summit, NC
- Empower Annuity Insurance Company O — Schedule C compensation
- Mma Securities LLC — Schedule C compensation
- Lpl Financial — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation