Benetrends, Inc. Profit Sharing Plan And Trust — Form 5500 plan (Benetrends, 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, Benetrends, Inc. Profit Sharing Plan And Trust is a benefit plan reported by Benetrends, Inc. under EIN 35-2519056 and plan number 002. The latest loaded filing year is 2023. The filing reports 128 participants and $5,229,306 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Benetrends, Inc.
- EIN
- 35-2519056
- Plan number
- 002
- Plan type
- 2
- Location
- Lansdale, PA
- Latest filing year
- 2023
- Participants
- 128
- End-of-year plan assets
- $5,229,306
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 128 | H, C | 20240927140559NAL0003926512001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,229,306
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,229,306
- Net assets (BOY)
- $4,745,800
Income & contributions
- Employer contributions
- $258,817
- Participant contributions
- $554,604
- Total contributions
- $862,247
- Total income / additions
- $1,530,119
Expenses & distributions
- Benefits paid
- $1,024,025
- Administrative expenses
- $22,588
- Total expenses
- $1,046,613
- Net increase / (decrease)
- $483,506
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Belfint Lyons & Shuman Pa | AUDIT | $15,000 | not reported in the loaded dataset | 2023 |
| Transamerica Life Insurance Company | RECORDKEEPER | $4,543 | $0 | 2023 |
| Atlantic Pension Services, Inc. | RECORDKEEPER | $3,045 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Benetrends, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Lansdale, PA
- Belfint Lyons & Shuman Pa — Schedule C compensation
- Transamerica Life Insurance Company — Schedule C compensation
- Atlantic Pension Services, Inc. — Schedule C compensation