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, The Business Software, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Business Software, Inc. under EIN 59-1935198 and plan number 001. The latest loaded filing year is 2023. The filing reports 182 participants and $25,620,854 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,620,854
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,620,854
- Net assets (BOY)
- $20,813,504
Income & contributions
- Employer contributions
- $280,643
- Participant contributions
- $1,355,117
- Total contributions
- $1,656,387
- Total income / additions
- $5,598,366
Expenses & distributions
- Benefits paid
- $773,787
- Administrative expenses
- $17,229
- Total expenses
- $791,016
- Net increase / (decrease)
- $4,807,350