Bic Corporation Hourly 401(K) Savings And Investment Plan — Form 5500 plan (Bic Corporation)

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, Bic Corporation Hourly 401(K) Savings And Investment Plan is a benefit plan reported by Bic Corporation under EIN 06-0735597 and plan number 005. The latest loaded filing year is 2023. The filing reports 137 participants and $15,178,665 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.2MPlan net assets, end of year$15,178,665
Participants137Covered participants reported
Assets / participant$110.8KComputed: assets ÷ participants$110,793 (computed)
Provider compensation$5031 Schedule C provider row(s)
Plan sponsor
Bic Corporation
EIN
06-0735597
Plan number
005
Plan type
2
Location
Shelton, CT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023137H, C20241009145631NAL0009327507001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$15.2M total assets
Net assets$15.2MLiabilities$0
Money in vs. money out
Total income / additions$4.3M
Total expenses$1.4M
Benefits paid / distributions$1.4M
Contributions
Employer$152.7K
Participant$597.8K
Full reported line items

Net assets

Total assets (EOY)
$15,178,665
Total liabilities (EOY)
$0
Net assets (EOY)
$15,178,665
Net assets (BOY)
$12,355,607

Income & contributions

Employer contributions
$152,673
Participant contributions
$597,762
Total contributions
$750,435
Total income / additions
$4,261,103

Expenses & distributions

Benefits paid
$1,405,094
Administrative expenses
$3,365
Total expenses
$1,438,045
Net increase / (decrease)
$2,823,058
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 20%Participant 80%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income33%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$503$02023

Related Form 5500 pages