Best Services Group, Inc. Employee Savings And Profit Sharing Plan — Form 5500 plan (Best Services Group, 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, Best Services Group, Inc. Employee Savings And Profit Sharing Plan is a benefit plan reported by Best Services Group, Inc. under EIN 56-1963536 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,226 participants and $14,924,060 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Best Services Group, Inc.
- EIN
- 56-1963536
- Plan number
- 001
- Plan type
- 2
- Location
- Kernersville, NC
- Latest filing year
- 2023
- Participants
- 1,226
- End-of-year plan assets
- $14,924,060
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,226 | H, C | 20241015135057NAL0028640785001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,924,060
- Net assets (EOY)
- $14,924,060
- Net assets (BOY)
- $11,143,256
Income & contributions
- Employer contributions
- $602,852
- Participant contributions
- $2,134,847
- Total contributions
- $3,095,350
- Total income / additions
- $5,278,797
Expenses & distributions
- Benefits paid
- $1,412,088
- Administrative expenses
- $78,556
- Total expenses
- $1,497,993
- Net increase / (decrease)
- $3,780,804
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance And Annui | SERVICE PROVIDER | $52,084 | not reported in the loaded dataset | 2023 |
| M Holdings Securities Inc | SERVICE PROVIDER | $0 | $24,872 | 2023 |
| Mvp Plan Administrators, Inc. | CONTRACT ADMINISTRATOR | $9,300 | not reported in the loaded dataset | 2023 |
| Plybon | CONTRACT ADMINISTRATOR | $9,000 | not reported in the loaded dataset | 2023 |
| Breslow Starling | AUDITOR | $8,172 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Best Services Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Kernersville, NC
- Voya Retirement Insurance And Annui — Schedule C compensation
- M Holdings Securities Inc — Schedule C compensation
- Mvp Plan Administrators, Inc. — Schedule C compensation
- Plybon — Schedule C compensation
- Breslow Starling — Schedule C compensation