2023 Form 5500 filing — The Bms Enterprises 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240912130933NAL0004448867001) for The Bms Enterprises 401(K) Plan, reported by The Bms Enterprises, LLC under EIN 75-1463179 and plan number 001. It reports 1,035 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240912130933NAL0004448867001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Bms Enterprises, LLC
- EIN
- 75-1463179
- Plan number
- 001
- Location
- Haltom City, TX
- Participants
- 1,035
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,357,090
- Total liabilities (EOY)
- $281,897
- Net assets (EOY)
- $19,075,193
- Participant contributions
- $1,572,133
- Total income / additions
- $4,592,028
- Benefits paid
- $2,036,549
- Administrative expenses
- $86,721
- Total expenses
- $2,222,120
- Net increase / (decrease)
- $2,369,908
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial, N.A. | NONE | $64,380 | $0 |
| Alerus Investment Advisors, Inc. | NONE | $22,341 | $0 |