2023 Form 5500 filing — Betts Industries, 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 20241121071643NAL0000380305001) for Betts Industries, Inc. 401(K) Plan, reported by Betts Industries, Inc. under EIN 25-0928077 and plan number 002. It reports 312 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241121071643NAL0000380305001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Betts Industries, Inc.
- EIN
- 25-0928077
- Plan number
- 002
- Location
- Warren, PA
- Participants
- 312
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $46,394,688
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $46,394,688
- Employer contributions
- $1,374,000
- Participant contributions
- $1,643,819
- Total income / additions
- $11,375,529
- Benefits paid
- $2,749,697
- Administrative expenses
- $91,371
- Total expenses
- $2,841,068
- Net increase / (decrease)
- $8,534,461
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ameriprise Financial Services Inc | ADVISOR | $44,272 | not reported in the loaded dataset |
| Lpl Financial LLC | ADVISOR | $42,523 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $4,576 | $0 |