2023 Form 5500 filing — Bgi Collective Bargaining Agreement Safe Harbor 401k 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 20241011143820NAL0022052337001) for Bgi Collective Bargaining Agreement Safe Harbor 401k Plan, reported by Bgi, LLC under EIN 23-0037861 and plan number 003. It reports 112 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011143820NAL0022052337001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bgi, LLC
- EIN
- 23-0037861
- Plan number
- 003
- Location
- Mount Pleasant, SC
- Participants
- 112
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,399,761
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,399,761
- Employer contributions
- $437,016
- Participant contributions
- $786,128
- Total income / additions
- $2,210,826
- Benefits paid
- $1,843,856
- Administrative expenses
- $44,325
- Total expenses
- $1,888,565
- Net increase / (decrease)
- $322,261
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMIN | $44,334 | $0 |
| Raymond James & Associates, Inc | INVEST ADVISOR | $0 | $9,459 |