Biltmore Workforce Management 401(K) Profit Sharing Plan — Form 5500 plan (Biltmore Workforce Management, 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, Biltmore Workforce Management 401(K) Profit Sharing Plan is a benefit plan reported by Biltmore Workforce Management, LLC under EIN 47-3797737 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,670 participants and $89,510,204 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Biltmore Workforce Management, LLC
EIN
47-3797737
Plan number
001
Plan type
2
Location
Ashville, NC
Latest filing year
2023
Participants
1,670
End-of-year plan assets
$89,510,204

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,670H, C20250430091505NAL0001696225001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$89,510,204
Total liabilities (EOY)
$0
Net assets (EOY)
$89,510,204
Net assets (BOY)
$75,915,449

Income & contributions

Employer contributions
$2,283,430
Participant contributions
$4,905,601
Total contributions
$7,469,233
Total income / additions
$22,290,277

Expenses & distributions

Benefits paid
$8,546,079
Administrative expenses
$139,354
Total expenses
$8,695,522
Net increase / (decrease)
$13,594,755

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$139,286$02023

Related Form 5500 pages