2023 Form 5500 filing — Beta Group Inc. 401(K) Profit Sharing Plan & Trust
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 20241008131225NAL0016706833001) for Beta Group Inc. 401(K) Profit Sharing Plan & Trust, reported by Beta Group Inc under EIN 05-0398907 and plan number 001. It reports 197 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008131225NAL0016706833001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Beta Group Inc
- EIN
- 05-0398907
- Plan number
- 001
- Location
- Lincoln, RI
- Participants
- 197
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $38,617,428
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $38,617,428
- Employer contributions
- $321,894
- Participant contributions
- $1,780,774
- Total income / additions
- $8,652,151
- Benefits paid
- $1,797,562
- Administrative expenses
- $49,034
- Total expenses
- $1,846,596
- Net increase / (decrease)
- $6,805,555
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $23,793 | not reported in the loaded dataset |
| Cetera Advisor Networks | ADVISOR | $18,736 | not reported in the loaded dataset |