Plan5500

Beacon Img 401k Profit Sharing Plan And Trust — Form 5500 plan (Beacon Investment Management Gro)

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, Beacon Img 401k Profit Sharing Plan And Trust is a benefit plan reported by Beacon Investment Management Gro under EIN 56-1957961 and plan number 001. The latest loaded filing year is 2023. The filing reports 198 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants198Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$6K1 Schedule C provider row(s)$6,030
Plan sponsor
Beacon Investment Management Gro
EIN
56-1957961
Plan number
001
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    198 participants · 2Sch HSch C
    View filing →
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.

Money in vs. money out
Total income / additions$273.3K
Total expenses$48.6K
Benefits paid / distributions$43.9K
Contributions
Employer$89.4K
Participant$134.5K
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$166,009

Income & contributions

Employer contributions
$89,400
Participant contributions
$134,457
Total contributions
$223,857
Total income / additions
$273,347

Expenses & distributions

Benefits paid
$43,870
Administrative expenses
$4,779
Total expenses
$48,649
Net increase / (decrease)
$224,698
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)
Employer 40%Participant 60%
Benefits paid ÷ total income16%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Adp, Inc.$6K
    RECORD KEEPER · Direct $6K · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Beacon Img 401k Profit Sharing Plan And Trust?
Beacon Img 401k Profit Sharing Plan And Trust is reported as sponsored by Beacon Investment Management Gro (EIN 56-1957961, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Beacon Img 401k Profit Sharing Plan And Trust?
The latest Form 5500 filing year loaded for Beacon Img 401k Profit Sharing Plan And Trust is 2023.
How many participants does Beacon Img 401k Profit Sharing Plan And Trust report?
Beacon Img 401k Profit Sharing Plan And Trust reports 198 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Beacon Img 401k Profit Sharing Plan And Trust?
Beacon Img 401k Profit Sharing Plan And Trust reports $0 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages