Business Credentialing Service 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Business Credentialing Service)

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, Business Credentialing Service 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Business Credentialing Service under EIN 88-0296107 and plan number 001. The latest loaded filing year is 2023. The filing reports 74 participants and $1,881,882 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.9MPlan net assets, end of year$1,881,882
Participants74Covered participants reported
Assets / participant$25.4KComputed: assets ÷ participants$25,431 (computed)
Provider compensationNone reported
Plan sponsor
Business Credentialing Service
EIN
88-0296107
Plan number
001
Plan type
2
Location
Tomball, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202374I20240506132133NAL0040902242001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$1.9M total assets
Net assets$1.9MLiabilities$0
Money in vs. money out
Total income / additions$582.8K
Total expenses$42.7K
Benefits paid / distributions$29.6K
Contributions
Employer$102.3K
Participant$183.8K
Full reported line items

Net assets

Total assets (EOY)
$1,881,882
Total liabilities (EOY)
$0
Net assets (EOY)
$1,881,882
Net assets (BOY)
$1,341,782

Income & contributions

Employer contributions
$102,321
Participant contributions
$183,830
Total income / additions
$582,805

Expenses & distributions

Benefits paid
$29,581
Administrative expenses
$13,124
Total expenses
$42,705
Net increase / (decrease)
$540,100
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 36%Participant 64%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income5%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages