Bbs Enterprises, Inc. Profit Sharing Plan — Form 5500 plan (Bbs Enterprises, 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, Bbs Enterprises, Inc. Profit Sharing Plan is a benefit plan reported by Bbs Enterprises, Inc under EIN 61-1937922 and plan number 001. The latest loaded filing year is 2023. The filing reports 238 participants and $7,649,014 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bbs Enterprises, Inc
EIN
61-1937922
Plan number
001
Plan type
2
Location
Tucker, GA
Latest filing year
2023
Participants
238
End-of-year plan assets
$7,649,014

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023238H, C20250815155408NAL0010558289001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,649,014
Total liabilities (EOY)
$0
Net assets (EOY)
$7,649,014
Net assets (BOY)
$6,636,136

Income & contributions

Employer contributions
$363,435
Participant contributions
$379,856
Total contributions
$743,291
Total income / additions
$2,197,196

Expenses & distributions

Benefits paid
$1,125,496
Administrative expenses
$58,822
Total expenses
$1,184,318
Net increase / (decrease)
$1,012,878

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Sugarloaf Wealth Management, LLCINVESTMENT MGMT$16,968$02023
Erisa Services, Inc.CONTRACT ADMIN$14,314$02023
NationwideRECORDKEEPER$5,100$402023

Related Form 5500 pages