The Bms Enterprises 401(K) Plan — Form 5500 plan (The Bms Enterprises, LLC)

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 Bms Enterprises 401(K) Plan is a benefit plan reported by The Bms Enterprises, LLC under EIN 75-1463179 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,035 participants and $19,357,090 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Bms Enterprises, LLC
EIN
75-1463179
Plan number
001
Plan type
2
Location
Haltom City, TX
Latest filing year
2023
Participants
1,035
End-of-year plan assets
$19,357,090

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,035H, C20240912130933NAL0004448867001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$19,357,090
Total liabilities (EOY)
$281,897
Net assets (EOY)
$19,075,193
Net assets (BOY)
$16,705,285

Income & contributions

Participant contributions
$1,572,133
Total contributions
$1,672,763
Total income / additions
$4,592,028

Expenses & distributions

Benefits paid
$2,036,549
Administrative expenses
$86,721
Total expenses
$2,222,120
Net increase / (decrease)
$2,369,908

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus Financial, N.A.NONE$64,380$02023
Alerus Investment Advisors, Inc.NONE$22,341$02023

Related Form 5500 pages