Bsc Owner Llc 401(k) Plan (terminated 2021): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2021, when $10.5 million was transferred out of the plan. Assets moved to the VENSURE EMPLOYER SERVICES, INC. 401(K) PROFIT SHARING PLAN (sponsored by VENSURE EMPLOYER SERVICES, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Bsc Owner Llc 401(k) Plan Facts (plan year 2021)

Plan name
BSC OWNER LLC 401(K) RETIREMENT PLAN AND TRUST
Plan type
401(k) and profit sharing
Plan sponsor
BSC OWNER LLC
Participants
186
Former employees with a balance
0
Employer contributions
$89,319 in plan year 2021 (37% of all contributions)
Plan year
Jan 1, 2021 – Aug 31, 2021
Plan established
May 7, 2018
— Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Aug 31, 2021), filed Nov 3, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $244,180 went into the plan in contributions, $89,319 of it from the employer (37%).
  • $1.36 million was paid out to participants.
  • Investment and other income added $944,589.

How the Bsc Owner Llc 401(k) changed, 2018–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20180$8.57 million$168,532$159,241
2019168$10.5 million$221,860$665,812
2020191$10.7 million$189,505$2.01 million
2021 (final)186$0$89,319$1.36 million

Bsc Owner Llc 401(k) Contact Information

Phone
718-642-2550
Mailing address
1390 PENNSYLVANIA AVE 2ND FLOOR, BROOKLYN NY 11239
Plan sponsor
BSC OWNER LLC
Employer identification number (EIN)
82-2576815
Plan number
001

Questions about the Bsc Owner Llc 401(k)

Is the Bsc Owner Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the VENSURE EMPLOYER SERVICES, INC. 401(K) PROFIT SHARING PLAN.

Does Bsc Owner Llc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $89,319 in employer contributions for plan year 2021.

Does the Bsc Owner Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Bsc Owner Llc 401(k) plan?

186 participants at the start of plan year 2021.

Who manages the Bsc Owner Llc 401(k) accounts?

ADP Retirement Services is the plan's recordkeeper, which is where participants log in to see their balance.

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