Better Foods, Inc. 401(K) Plan — Form 5500 plan (Better Foods, 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, Better Foods, Inc. 401(K) Plan is a benefit plan reported by Better Foods, Inc. under EIN 55-0514358 and plan number 001. The latest loaded filing year is 2023. The filing reports 321 participants and $1,585,879 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Better Foods, Inc.
EIN
55-0514358
Plan number
001
Plan type
2
Location
Nitro, WV
Latest filing year
2023
Participants
321
End-of-year plan assets
$1,585,879

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023321H, C20241015080911NAL0048447056001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,585,879
Total liabilities (EOY)
$0
Net assets (EOY)
$1,585,879
Net assets (BOY)
$1,847,666

Income & contributions

Employer contributions
$49,234
Participant contributions
$140,435
Total contributions
$189,669
Total income / additions
$406,007

Expenses & distributions

Benefits paid
$662,769
Administrative expenses
$5,025
Total expenses
$667,794
Net increase / (decrease)
-$261,787

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$3,275$02023

Related Form 5500 pages