2023 Form 5500 filing — Beverly Knits Inc. 401k 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 20241001132445NAL0006804273001) for Beverly Knits Inc. 401k Profit Sharing Plan, reported by Beverly Knits Inc. under EIN 56-1268414 and plan number 001. It reports 261 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$4.7MReported net assets$4,737,718
Participants261
Provider compensation$16.5K1 Schedule C row(s)$16,502
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241001132445NAL0006804273001
- Plan sponsor
- Beverly Knits Inc.
- EIN
- 56-1268414
- Plan number
- 001
- Location
- Gastonia, NC
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$4.7M total assets
Net assets$4.7MLiabilities$0
Full reported line items
- Total assets (EOY)
- $4,737,718
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,737,718
- Employer contributions
- $0
- Participant contributions
- $429,555
- Total income / additions
- $1,125,519
- Benefits paid
- $448,868
- Administrative expenses
- $5,984
- Total expenses
- $473,555
- Net increase / (decrease)
- $651,964
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| American United Life Insurance Co | NONE | $2,275 | $14,227 |