Plan5500

Bering Air, Inc. 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Bering Air, 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, Bering Air, Inc. 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Bering Air, Inc. under EIN 92-0073342 and plan number 001. The latest loaded filing year is 2023. The filing reports 240 participants and $12,280,203 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bering Air, Inc.
EIN
92-0073342
Plan number
001
Plan type
2
Location
Nome, AK
Latest filing year
2023
Participants
240
End-of-year plan assets
$12,280,203

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023240H, C20241007140448NAL0016201713001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,280,203
Total liabilities (EOY)
$0
Net assets (EOY)
$12,280,203
Net assets (BOY)
$10,301,140

Income & contributions

Employer contributions
$274,972
Participant contributions
$1,374,942
Total contributions
$1,657,537
Total income / additions
$3,844,882

Expenses & distributions

Benefits paid
$1,793,024
Administrative expenses
$70,219
Total expenses
$1,865,819
Net increase / (decrease)
$1,979,063

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$44,002$02023
Ubs Financial Services IncINVESTMENT ADVISOR$25,919not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$298not reported in the loaded dataset2023

Related Form 5500 pages