Plan5500

Bay Towel, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Bay Towel, 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, Bay Towel, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Bay Towel, Inc. under EIN 39-1027487 and plan number 001. The latest loaded filing year is 2023. The filing reports 276 participants and $5,066,729 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bay Towel, Inc.
EIN
39-1027487
Plan number
001
Plan type
2
Location
Little Chute, WI
Latest filing year
2023
Participants
276
End-of-year plan assets
$5,066,729

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023276H, C20241009105626NAL0010542003001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,066,729
Total liabilities (EOY)
$0
Net assets (EOY)
$5,066,729
Net assets (BOY)
$4,252,919

Income & contributions

Employer contributions
$65,856
Participant contributions
$395,712
Total contributions
$526,787
Total income / additions
$1,273,280

Expenses & distributions

Benefits paid
$423,176
Administrative expenses
$35,795
Total expenses
$459,470
Net increase / (decrease)
$813,810

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard GroupRECORDKEEPER$19,533not reported in the loaded dataset2023
Nicolt National BankADVISOR$15,744not reported in the loaded dataset2023
Retirement Strategies LLCTPA$4,199not reported in the loaded dataset2023

Related Form 5500 pages