2023 Form 5500 filing — Beasley Forest Products, Inc. 401(K) 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 20241015154428NAL0057034658001) for Beasley Forest Products, Inc. 401(K) Profit Sharing Plan, reported by Beasley Forest Products, Inc. under EIN 58-2332843 and plan number 001. It reports 1,050 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015154428NAL0057034658001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Beasley Forest Products, Inc.
- EIN
- 58-2332843
- Plan number
- 001
- Location
- Hazlehurst, GA
- Participants
- 1,050
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,530,952
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,530,952
- Employer contributions
- $917,130
- Participant contributions
- $1,586,772
- Total income / additions
- $4,958,234
- Benefits paid
- $1,436,052
- Administrative expenses
- $126,403
- Total expenses
- $1,617,282
- Net increase / (decrease)
- $3,340,952
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Columbia Benefits Consultants, Inc | THIRD PARTY ADMINISTRATO | $64,594 | not reported in the loaded dataset |
| Lpl Financial | ADVISOR | $61,809 | not reported in the loaded dataset |