2023 Form 5500 filing — Biltmore Workforce Management 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 20250430091505NAL0001696225001) for Biltmore Workforce Management 401(K) Profit Sharing Plan, reported by Biltmore Workforce Management, LLC under EIN 47-3797737 and plan number 001. It reports 1,670 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$89.5MReported net assets$89,510,204
Participants1.7K1,670
Provider compensation$139.3K1 Schedule C row(s)$139,286
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250430091505NAL0001696225001
Plan sponsor
Biltmore Workforce Management, LLC
EIN
47-3797737
Plan number
001
Location
Ashville, NC
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$89.5M total assets
Net assets$89.5MLiabilities$0
Money in vs. money out
Total income / additions$22.3M
Total expenses$8.7M
Benefits paid / distributions$8.5M
Contributions
Employer$2.3M
Participant$4.9M
Full reported line items
Total assets (EOY)
$89,510,204
Total liabilities (EOY)
$0
Net assets (EOY)
$89,510,204
Employer contributions
$2,283,430
Participant contributions
$4,905,601
Total income / additions
$22,290,277
Benefits paid
$8,546,079
Administrative expenses
$139,354
Total expenses
$8,695,522
Net increase / (decrease)
$13,594,755

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$139,286$0

Related Form 5500 pages