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, Beasley Forest Products, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Beasley Forest Products, Inc. under EIN 58-2332843 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,050 participants and $16,530,952 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,530,952
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,530,952
- Net assets (BOY)
- $13,190,000
Income & contributions
- Employer contributions
- $917,130
- Participant contributions
- $1,586,772
- Total contributions
- $2,613,786
- Total income / additions
- $4,958,234
Expenses & distributions
- Benefits paid
- $1,436,052
- Administrative expenses
- $126,403
- Total expenses
- $1,617,282
- Net increase / (decrease)
- $3,340,952