Bix Produce Company, LLC 401(K) Retirement Plan — Form 5500 plan (Bix Produce Co.)

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, Bix Produce Company, LLC 401(K) Retirement Plan is a benefit plan reported by Bix Produce Co. under EIN 20-1800034 and plan number 001. The latest loaded filing year is 2023. The filing reports 453 participants and $17,005,734 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bix Produce Co.
EIN
20-1800034
Plan number
001
Plan type
2
Location
Little Canada, MN
Latest filing year
2023
Participants
453
End-of-year plan assets
$17,005,734

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023453H, C20241004152553NAL0012389905001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$17,005,734
Total liabilities (EOY)
$0
Net assets (EOY)
$17,005,734
Net assets (BOY)
$13,821,467

Income & contributions

Employer contributions
$482,627
Participant contributions
$1,088,712
Total contributions
$1,778,550
Total income / additions
$4,055,940

Expenses & distributions

Benefits paid
$826,125
Administrative expenses
$45,548
Total expenses
$871,673
Net increase / (decrease)
$3,184,267

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$45,642$02023

Related Form 5500 pages