2023 Form 5500 filing — Brighton-Best International, Inc 401(K) 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 20241010144011NAL0011615875001) for Brighton-Best International, Inc 401(K) Plan, reported by Brighton-Best International, Inc. under EIN 35-2306449 and plan number 003. It reports 713 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010144011NAL0011615875001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Brighton-Best International, Inc.
- EIN
- 35-2306449
- Plan number
- 003
- Location
- Long Beach, CA
- Participants
- 713
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,480,965
- Total liabilities (EOY)
- $47,728
- Net assets (EOY)
- $20,433,237
- Employer contributions
- $336,325
- Participant contributions
- $1,096,863
- Total income / additions
- $4,613,450
- Benefits paid
- $531,327
- Administrative expenses
- $11,835
- Total expenses
- $543,162
- Net increase / (decrease)
- $4,070,288
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Qbi LLC | TPA | $6,850 | $0 |
| Capital Research And Management Co | RECORDKEEPER | $4,985 | $0 |