2023 Form 5500 filing — Best Services Group, Inc. Employee Savings And Profit Sharing 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 20241015135057NAL0028640785001) for Best Services Group, Inc. Employee Savings And Profit Sharing Plan, reported by Best Services Group, Inc. under EIN 56-1963536 and plan number 001. It reports 1,226 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015135057NAL0028640785001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Best Services Group, Inc.
- EIN
- 56-1963536
- Plan number
- 001
- Location
- Kernersville, NC
- Participants
- 1,226
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,924,060
- Net assets (EOY)
- $14,924,060
- Employer contributions
- $602,852
- Participant contributions
- $2,134,847
- Total income / additions
- $5,278,797
- Benefits paid
- $1,412,088
- Administrative expenses
- $78,556
- Total expenses
- $1,497,993
- Net increase / (decrease)
- $3,780,804
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance And Annui | SERVICE PROVIDER | $52,084 | not reported in the loaded dataset |
| M Holdings Securities Inc | SERVICE PROVIDER | $0 | $24,872 |
| Mvp Plan Administrators, Inc. | CONTRACT ADMINISTRATOR | $9,300 | not reported in the loaded dataset |
| Plybon | CONTRACT ADMINISTRATOR | $9,000 | not reported in the loaded dataset |
| Breslow Starling | AUDITOR | $8,172 | not reported in the loaded dataset |