Bmss 401(K) Profit Sharing Plan — Form 5500 plan (Bmss, LLC)

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, Bmss 401(K) Profit Sharing Plan is a benefit plan reported by Bmss, LLC under EIN 46-1498870 and plan number 001. The latest loaded filing year is 2023. The filing reports 358 participants and $30,221,843 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bmss, LLC
EIN
46-1498870
Plan number
001
Plan type
2
Location
Birmingham, AL
Latest filing year
2023
Participants
358
End-of-year plan assets
$30,221,843

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023358H, C20241204080617NAL0002208467001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$30,221,843
Total liabilities (EOY)
$0
Net assets (EOY)
$30,221,843
Net assets (BOY)
$26,293,727

Income & contributions

Employer contributions
$763,380
Participant contributions
$1,837,406
Total contributions
$2,709,248
Total income / additions
$6,675,648

Expenses & distributions

Benefits paid
$2,712,908
Administrative expenses
$34,624
Total expenses
$2,747,532
Net increase / (decrease)
$3,928,116

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Ins CoRECORDKEEPER$11,988$02023
Futureplan By AscensusCONTRACT ADMIN$9,555not reported in the loaded dataset2023

Related Form 5500 pages