2023 Form 5500 filing — Basys Processing 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 20250217110417NAL0001194243001) for Basys Processing 401(K) Plan, reported by Basys Processing, Inc. under EIN 01-0633775 and plan number 001. It reports 169 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250217110417NAL0001194243001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Basys Processing, Inc.
- EIN
- 01-0633775
- Plan number
- 001
- Location
- Lenexa, KS
- Participants
- 169
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,748,749
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,748,749
- Employer contributions
- $347,609
- Participant contributions
- $990,164
- Total income / additions
- $2,598,506
- Benefits paid
- $791,157
- Administrative expenses
- $43,063
- Total expenses
- $834,220
- Net increase / (decrease)
- $1,764,286
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Onedigital Investment Advisors LLC | INVESTMENT ADVISOR | $25,307 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $14,230 | $0 |
| Benefit Plans Plus, LLC | CONTRACT ADMIN | $2,750 | not reported in the loaded dataset |
| Resources Investment Advisors, LLC | INVESTMENT MGMT | $1,652 | not reported in the loaded dataset |