2023 Form 5500 filing — Berkshire Systems Group, Inc. 401(K) Profit Sharing 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 20240916103240NAL0000986755001) for Berkshire Systems Group, Inc. 401(K) Profit Sharing Plan, reported by Berkshire Systems Group, Inc under EIN 23-2218930 and plan number 001. It reports 159 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240916103240NAL0000986755001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Berkshire Systems Group, Inc
- EIN
- 23-2218930
- Plan number
- 001
- Location
- Reading, PA
- Participants
- 159
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,627,379
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,627,379
- Employer contributions
- $265,718
- Participant contributions
- $1,007,310
- Total income / additions
- $3,972,375
- Benefits paid
- $1,421,470
- Administrative expenses
- $84,230
- Total expenses
- $1,505,700
- Net increase / (decrease)
- $2,466,675
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $62,039 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $22,149 | $0 |