The Beach Company Employees' 401(K) Plan — Form 5500 plan (The Beach Company)
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, The Beach Company Employees' 401(K) Plan is a benefit plan reported by The Beach Company under EIN 57-0278880 and plan number 001. The latest loaded filing year is 2023. The filing reports 396 participants and $29,974,970 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Beach Company
- EIN
- 57-0278880
- Plan number
- 001
- Plan type
- 2
- Location
- Charleston, SC
- Latest filing year
- 2023
- Participants
- 396
- End-of-year plan assets
- $29,974,970
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 396 | H, C | 20241122131304NAL0001115651001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,974,970
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,974,970
- Net assets (BOY)
- $25,654,375
Income & contributions
- Employer contributions
- $989,464
- Participant contributions
- $1,966,197
- Total contributions
- $3,067,092
- Total income / additions
- $8,441,443
Expenses & distributions
- Benefits paid
- $4,004,892
- Administrative expenses
- $86,842
- Total expenses
- $4,120,848
- Net increase / (decrease)
- $4,320,595
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Family Asset Management LLC | ADVISOR | $36,497 | not reported in the loaded dataset | 2023 |
| Webster Rogers | ACCOUNTANT/AUDITOR | $30,000 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $20,345 | $0 | 2023 |