2023 Form 5500 filing — Bestpass Inc 401(K) Profit Sharing Plan And 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 20241009124616NAL0009203475001) for Bestpass Inc 401(K) Profit Sharing Plan And Trust, reported by Bestpass Inc under EIN 36-4535141 and plan number 001. It reports 166 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009124616NAL0009203475001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bestpass Inc
- EIN
- 36-4535141
- Plan number
- 001
- Location
- Albany, NY
- Participants
- 166
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,688,241
- Total liabilities (EOY)
- $1,059
- Net assets (EOY)
- $9,687,182
- Employer contributions
- $739,183
- Participant contributions
- $1,251,103
- Total income / additions
- $3,805,137
- Benefits paid
- $1,022,925
- Administrative expenses
- $15,528
- Total expenses
- $1,043,883
- Net increase / (decrease)
- $2,761,254
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Pension Services LLC | TPA | $9,526 | not reported in the loaded dataset |
| Jpmorgan Invest Holdings LLC | RECORDKEEPER | $300 | $0 |