Big Springs/Chambers 401(K) Plan — Form 5500 plan (Big Springs, 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, Big Springs/Chambers 401(K) Plan is a benefit plan reported by Big Springs, Inc. under EIN 63-0106433 and plan number 002. The latest loaded filing year is 2023. The filing reports 170 participants and $9,567,221 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Big Springs, Inc.
EIN
63-0106433
Plan number
002
Plan type
3
Location
Huntsville, AL
Latest filing year
2023
Participants
170
End-of-year plan assets
$9,567,221

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023170H, C20241220101639NAL0006038801001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,567,221
Total liabilities (EOY)
$4,517
Net assets (EOY)
$9,562,704
Net assets (BOY)
$7,655,761

Income & contributions

Employer contributions
$209,944
Participant contributions
$545,488
Total contributions
$1,294,029
Total income / additions
$2,686,686

Expenses & distributions

Benefits paid
$765,452
Administrative expenses
$9,774
Total expenses
$779,743
Net increase / (decrease)
$1,906,943

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Epic Retirement Plan ServicesNONE$6,579$02023
Pinnacle BankNONE$2,685not reported in the loaded dataset2023

Related Form 5500 pages