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, Brighton-Best International, Inc 401(K) Plan is a benefit plan reported by Brighton-Best International, Inc. under EIN 35-2306449 and plan number 003. The latest loaded filing year is 2023. The filing reports 713 participants and $20,480,965 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,480,965
- Total liabilities (EOY)
- $47,728
- Net assets (EOY)
- $20,433,237
- Net assets (BOY)
- $16,362,949
Income & contributions
- Employer contributions
- $336,325
- Participant contributions
- $1,096,863
- Total contributions
- $1,769,518
- Total income / additions
- $4,613,450
Expenses & distributions
- Benefits paid
- $531,327
- Administrative expenses
- $11,835
- Total expenses
- $543,162
- Net increase / (decrease)
- $4,070,288