Brecon Knitting Mill, Inc. 401(K) Plan — Form 5500 plan (Brecon Knitting Mills 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, Brecon Knitting Mill, Inc. 401(K) Plan is a benefit plan reported by Brecon Knitting Mills Inc. under EIN 63-0458302 and plan number 001. The latest loaded filing year is 2023. The filing reports 44 participants and $5,404,851 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.4MPlan net assets, end of year$5,404,851
Participants44Covered participants reported
Assets / participant$122.8KComputed: assets ÷ participants$122,838 (computed)
Provider compensationNone reported
Plan sponsor
Brecon Knitting Mills Inc.
EIN
63-0458302
Plan number
001
Plan type
2
Location
Talladega, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202344I20240924133954NAL0012830481001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$5.4M total assets
Net assets$5.4MLiabilities$0
Money in vs. money out
Total income / additions$1.1M
Total expenses$71K
Benefits paid / distributions$69.5K
Contributions
Employer$45.9K
Participant$102.5K
Full reported line items

Net assets

Total assets (EOY)
$5,404,851
Total liabilities (EOY)
$0
Net assets (EOY)
$5,404,851
Net assets (BOY)
$4,376,327

Income & contributions

Employer contributions
$45,924
Participant contributions
$102,539
Total income / additions
$1,099,507

Expenses & distributions

Benefits paid
$69,453
Administrative expenses
$1,530
Total expenses
$70,983
Net increase / (decrease)
$1,028,524
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 31%Participant 69%
Total expenses ÷ net assets1%Computed ratio
Benefits paid ÷ total income6%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages