Bel Fuse, Inc. Employees' Savings Plan — Form 5500 plan (Bel Fuse Inc.)

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, Bel Fuse, Inc. Employees' Savings Plan is a benefit plan reported by Bel Fuse Inc. under EIN 22-1463699 and plan number 001. The latest loaded filing year is 2023. The filing reports 817 participants and $82,013,371 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bel Fuse Inc.
EIN
22-1463699
Plan number
001
Plan type
2
Location
West Orange, NJ
Latest filing year
2023
Participants
817
End-of-year plan assets
$82,013,371

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023817H, C20241009151026NAL0037467538001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$82,013,371
Total liabilities (EOY)
$119,551
Net assets (EOY)
$81,893,820
Net assets (BOY)
$59,619,042

Income & contributions

Employer contributions
$1,231,630
Participant contributions
$3,919,032
Total contributions
$5,848,378
Total income / additions
$26,656,044

Expenses & distributions

Benefits paid
$4,291,306
Administrative expenses
$89,960
Total expenses
$4,381,266
Net increase / (decrease)
$22,274,778

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$92,993$02023

Related Form 5500 pages