Beacon Promotions 401(K) Plan — Form 5500 plan (Beacon Promotions)
Plain-English plan 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, Beacon Promotions 401(K) Plan is a benefit plan reported by Beacon Promotions under EIN 02-0688979 and plan number 001. The latest loaded filing year is 2023. The filing reports 118 participants and $3,918,113 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Beacon Promotions
- EIN
- 02-0688979
- Plan number
- 001
- Plan type
- 2
- Location
- New Ulm, MN
- Latest filing year
- 2023
- Participants
- 118
- End-of-year plan assets
- $3,918,113
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 118 | H, C | 20241009133541NAL0019343473001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,918,113
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,918,113
- Net assets (BOY)
- $4,229,119
Income & contributions
- Employer contributions
- $107,641
- Participant contributions
- $341,713
- Total contributions
- $523,083
- Total income / additions
- $1,168,094
Expenses & distributions
- Benefits paid
- $1,478,506
- Administrative expenses
- $594
- Total expenses
- $1,479,100
- Net increase / (decrease)
- -$311,006
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $594 | $0 | 2023 |