2023 Form 5500 filing — Bestway Enterprises, Inc. 401(K) Savings 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 20241009091511NAL0010466771001) for Bestway Enterprises, Inc. 401(K) Savings Plan, reported by Bestway Enterprises, Inc. under EIN 15-0623122 and plan number 001. It reports 126 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009091511NAL0010466771001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bestway Enterprises, Inc.
- EIN
- 15-0623122
- Plan number
- 001
- Location
- Cortland, NY
- Participants
- 126
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,992,738
- Total liabilities (EOY)
- $13,623
- Net assets (EOY)
- $4,979,115
- Participant contributions
- $353,387
- Total income / additions
- $1,035,447
- Benefits paid
- $165,607
- Administrative expenses
- $14,140
- Total expenses
- $181,291
- Net increase / (decrease)
- $854,156
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial | INVESTMENT/FINANCIAL ADVI | $11,093 | $0 |
| Adp, Inc. | RECORD KEEPER | $3,047 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |