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, Business Jet 401(K) Savings Plan is a benefit plan reported by Business Jet Center, Ltd. under EIN 75-2691641 and plan number 001. The latest loaded filing year is 2023. The filing reports 189 participants and $5,949,250 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,949,250
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,949,250
- Net assets (BOY)
- $4,912,503
Income & contributions
- Employer contributions
- $439,126
- Participant contributions
- $714,929
- Total contributions
- $1,346,078
- Total income / additions
- $2,107,381
Expenses & distributions
- Benefits paid
- $1,037,889
- Administrative expenses
- $32,745
- Total expenses
- $1,070,634
- Net increase / (decrease)
- $1,036,747