Betacom Inc Profit Sharing Plan And Trust — Form 5500 plan (Betacom 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, Betacom Inc Profit Sharing Plan And Trust is a benefit plan reported by Betacom Inc under EIN 65-0255494 and plan number 002. The latest loaded filing year is 2023. The filing reports 419 participants and $6,202,999 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.2MPlan net assets, end of year$6,202,999
Participants419Covered participants reported
Assets / participant$14.8KComputed: assets ÷ participants$14,804 (computed)
Provider compensation$35K2 Schedule C provider row(s)$34,969
Plan sponsor
Betacom Inc
EIN
65-0255494
Plan number
002
Plan type
2
Location
Thonotosassa, FL
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
    419 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.

Reported balance (end of year)$6.2M total assets
Net assets$6.2MLiabilities$0
Money in vs. money out
Total income / additions$2.7M
Total expenses$1.6M
Benefits paid / distributions$1.6M
Contributions
Employer$568.7K
Participant$1.2M
Full reported line items

Net assets

Total assets (EOY)
$6,202,999
Total liabilities (EOY)
$0
Net assets (EOY)
$6,202,999
Net assets (BOY)
$5,140,572

Income & contributions

Employer contributions
$568,730
Participant contributions
$1,156,265
Total contributions
$1,952,912
Total income / additions
$2,689,984

Expenses & distributions

Benefits paid
$1,602,506
Administrative expenses
$25,051
Total expenses
$1,627,557
Net increase / (decrease)
$1,062,427
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 33%Participant 67%
Total expenses ÷ net assets26%Computed ratio
Benefits paid ÷ total income60%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

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

  1. 1
    RECORD KEEPER · Direct $23.5K · Indirect $0
  2. 2
    SERVICE PROVIDER · Direct $0 · Indirect $11.5K

What to inspect next

Frequently asked questions

Who sponsors the Betacom Inc Profit Sharing Plan And Trust?
Betacom Inc Profit Sharing Plan And Trust is reported as sponsored by Betacom Inc (EIN 65-0255494, plan number 002) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Betacom Inc Profit Sharing Plan And Trust?
The latest Form 5500 filing year loaded for Betacom Inc Profit Sharing Plan And Trust is 2023.
How many participants does Betacom Inc Profit Sharing Plan And Trust report?
Betacom Inc Profit Sharing Plan And Trust reports 419 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Betacom Inc Profit Sharing Plan And Trust?
Betacom Inc Profit Sharing Plan And Trust reports $6,202,999 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