Beams, LLC 401(K) Plan — Form 5500 plan (Beams, LLC)
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, Beams, LLC 401(K) Plan is a benefit plan reported by Beams, LLC under EIN 84-4172492 and plan number 001. The latest loaded filing year is 2023. The filing reports 493 participants and $20,959,638 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Beams, LLC
- EIN
- 84-4172492
- Plan number
- 001
- Plan type
- 3
- Location
- Cedar Rapids, IA
- Latest filing year
- 2023
- Participants
- 493
- End-of-year plan assets
- $20,959,638
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 493 | H, C | 20241015181721NAL0029356417001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,959,638
- Total liabilities (EOY)
- $3,553
- Net assets (EOY)
- $20,956,085
- Net assets (BOY)
- $17,190,984
Income & contributions
- Employer contributions
- $854,365
- Participant contributions
- $1,623,009
- Total contributions
- $2,484,887
- Total income / additions
- $5,418,984
Expenses & distributions
- Benefits paid
- $1,564,684
- Administrative expenses
- $89,033
- Total expenses
- $1,653,883
- Net increase / (decrease)
- $3,765,101
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Great Valley Advisor Group Inc. | INVESTMENT ADVISOR | $36,764 | $0 | 2023 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $24,245 | $0 | 2023 |
| Tax Sheltered Compensation Inc. | CONTRACT ADMINISTRATOR | $19,975 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Beams, LLC
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in Cedar Rapids, IA
- Great Valley Advisor Group Inc. — Schedule C compensation
- Empower Annuity Ins Co Of America — Schedule C compensation
- Tax Sheltered Compensation Inc. — Schedule C compensation