401k Plan data: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN plan

THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN
Plan identification number	004

THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

THE BETTER BUSINESS BUREAU INC. has sponsored the creation of one or more 401k plans.

Company Name: THE BETTER BUSINESS BUREAU INC.

Employer identification number (EIN): 860006552

NAIC Classification: 813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Additional information about THE BETTER BUSINESS BUREAU INC.

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 1923-02-07

Company Identification Number: 18285

Legal Registered Office Address: ONE CANALSIDE
125 MAIN STREET
BUFFALO
United States of America (USA)
14203

More information about THE BETTER BUSINESS BUREAU INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
004 2023-01-01
004 2022-01-01
004 2021-01-01
004 2020-01-01
004 2019-01-01
004 2018-01-01 JOHN PAUL SANDER 2019-07-31 JOHN PAUL SANDER 2019-07-31

Plan Statistics for THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN

401k plan membership statisitcs for THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN

Measure Date Value
2023: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 161
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 134
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 26
Total of all active and inactive participants 2023-01-01 160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 1
Total participants 2023-01-01 161
Number of participants with account balances 2023-01-01 144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 14
2022: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 157
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 130
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 30
Total of all active and inactive participants 2022-01-01 160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 1
Total participants 2022-01-01 161
Number of participants with account balances 2022-01-01 147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 27
2021: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 149
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 117
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 31
Total of all active and inactive participants 2021-01-01 148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 2
Total participants 2021-01-01 150
Number of participants with account balances 2021-01-01 142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 12
2020: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 173
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 122
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 25
Total of all active and inactive participants 2020-01-01 147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 147
Number of participants with account balances 2020-01-01 128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 7
2019: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 153
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 116
Number of retired or separated participants receiving benefits 2019-01-01 3
Number of other retired or separated participants entitled to future benefits 2019-01-01 50
Total of all active and inactive participants 2019-01-01 169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 169
Number of participants with account balances 2019-01-01 146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 20

Measure	Date	Value
2023: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	161
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	134
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	26
Total of all active and inactive participants	2023-01-01	160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	1
Total participants	2023-01-01	161
Number of participants with account balances	2023-01-01	144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	14
2022: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	157
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	130
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	30
Total of all active and inactive participants	2022-01-01	160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	1
Total participants	2022-01-01	161
Number of participants with account balances	2022-01-01	147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	27
2021: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	149
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	117
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	31
Total of all active and inactive participants	2021-01-01	148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	2
Total participants	2021-01-01	150
Number of participants with account balances	2021-01-01	142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	12
2020: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	173
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	122
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	25
Total of all active and inactive participants	2020-01-01	147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	147
Number of participants with account balances	2020-01-01	128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	7
2019: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	153
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	116
Number of retired or separated participants receiving benefits	2019-01-01	3
Number of other retired or separated participants entitled to future benefits	2019-01-01	50
Total of all active and inactive participants	2019-01-01	169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	169
Number of participants with account balances	2019-01-01	146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	20

Financial Data on THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN

Measure	Date	Value
2023 : THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total income from all sources (including contributions)	2023-12-31	$1,978,915
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$1,204,238
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$1,153,427
Value of total corrective distributions	2023-12-31	$7,376
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$805,618
Value of total assets at end of year	2023-12-31	$6,866,882
Value of total assets at beginning of year	2023-12-31	$6,092,205
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$43,435
Total interest from all sources	2023-12-31	$8,596
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$33,666
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$33,666
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$549,691
Participant contributions at end of year	2023-12-31	$94,113
Participant contributions at beginning of year	2023-12-31	$60,679
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$17,352
Other income not declared elsewhere	2023-12-31	$-1,673
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Value of net income/loss	2023-12-31	$774,677
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$6,866,882
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$6,092,205
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Investment advisory and management fees	2023-12-31	$24,500
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$2,246,139
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$2,051,280
Value of interest in pooled separate accounts at end of year	2023-12-31	$36,227
Value of interest in pooled separate accounts at beginning of year	2023-12-31	$34,881
Interest on participant loans	2023-12-31	$5,616
Interest earned on other investments	2023-12-31	$2,980
Value of interest in common/collective trusts at end of year	2023-12-31	$4,340,268
Value of interest in common/collective trusts at beginning of year	2023-12-31	$3,858,148
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2023-12-31	$150,135
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2023-12-31	$87,217
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$475,909
Net investment gain/loss from pooled separate accounts	2023-12-31	$5,034
Net investment gain or loss from common/collective trusts	2023-12-31	$651,765
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	No
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Contributions received in cash from employer	2023-12-31	$238,575
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$1,153,427
Contract administrator fees	2023-12-31	$18,935
Did the plan have assets held for investment	2023-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	CBIZ CPAS P.C.
Accountancy firm EIN	2023-12-31	431947695
2022 : THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-447,528
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$423,310
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$371,557
Value of total corrective distributions	2022-12-31	$10,414
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$795,254
Value of total assets at end of year	2022-12-31	$6,092,205
Value of total assets at beginning of year	2022-12-31	$6,963,043
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$41,339
Total interest from all sources	2022-12-31	$6,039
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$29,348
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$29,348
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$514,983
Participant contributions at end of year	2022-12-31	$60,679
Participant contributions at beginning of year	2022-12-31	$94,941
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$66,677
Other income not declared elsewhere	2022-12-31	$-53
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-870,838
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$6,092,205
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$6,963,043
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$23,085
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$2,051,280
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$1,619,713
Value of interest in pooled separate accounts at end of year	2022-12-31	$34,881
Value of interest in pooled separate accounts at beginning of year	2022-12-31	$42,510
Interest on participant loans	2022-12-31	$4,713
Interest earned on other investments	2022-12-31	$1,326
Value of interest in common/collective trusts at end of year	2022-12-31	$3,858,148
Value of interest in common/collective trusts at beginning of year	2022-12-31	$5,149,227
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$87,217
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$56,652
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-454,978
Net investment gain/loss from pooled separate accounts	2022-12-31	$-5,925
Net investment gain or loss from common/collective trusts	2022-12-31	$-817,213
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$213,594
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$371,557
Contract administrator fees	2022-12-31	$18,254
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	MAYER HOFFMAN MCCANN PC
Accountancy firm EIN	2022-12-31	431947695
2021 : THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$1,607,542
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$232,068
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$192,337
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$669,534
Value of total assets at end of year	2021-12-31	$6,963,043
Value of total assets at beginning of year	2021-12-31	$5,587,569
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$39,731
Total interest from all sources	2021-12-31	$7,594
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$14,799
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$14,799
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$432,192
Participant contributions at end of year	2021-12-31	$94,941
Participant contributions at beginning of year	2021-12-31	$95,855
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$48,952
Other income not declared elsewhere	2021-12-31	$1,342
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,375,474
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$6,963,043
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$5,587,569
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$22,036
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$1,619,713
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$1,219,425
Value of interest in pooled separate accounts at end of year	2021-12-31	$42,510
Value of interest in pooled separate accounts at beginning of year	2021-12-31	$30,400
Interest on participant loans	2021-12-31	$6,277
Interest earned on other investments	2021-12-31	$1,317
Value of interest in common/collective trusts at end of year	2021-12-31	$5,149,227
Value of interest in common/collective trusts at beginning of year	2021-12-31	$4,180,511
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$56,652
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$61,378
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$262,893
Net investment gain/loss from pooled separate accounts	2021-12-31	$8,229
Net investment gain or loss from common/collective trusts	2021-12-31	$643,151
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$188,390
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$192,337
Contract administrator fees	2021-12-31	$17,695
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	MAYER HOFFMAN MCCANN PC
Accountancy firm EIN	2021-12-31	431947695
2020 : THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets	2020-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$0
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Expenses. Interest paid	2020-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$1,125,542
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$262,765
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$240,497
Expenses. Certain deemed distributions of participant loans	2020-12-31	$0
Value of total corrective distributions	2020-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$478,936
Value of total assets at end of year	2020-12-31	$5,587,569
Value of total assets at beginning of year	2020-12-31	$4,724,792
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$22,268
Total income from rents	2020-12-31	$0
Total interest from all sources	2020-12-31	$13,158
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$6,054
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$6,054
Administrative expenses professional fees incurred	2020-12-31	$0
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Amount of non-exempt transactions with any party-in-interest	2020-12-31	$0
Contributions received from participants	2020-12-31	$321,690
Participant contributions at end of year	2020-12-31	$95,855
Participant contributions at beginning of year	2020-12-31	$85,335
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$0
Other income not declared elsewhere	2020-12-31	$0
Administrative expenses (other) incurred	2020-12-31	$0
Liabilities. Value of operating payables at beginning of year	2020-12-31	$0
Total non interest bearing cash at end of year	2020-12-31	$0
Total non interest bearing cash at beginning of year	2020-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Income. Non cash contributions	2020-12-31	$0
Value of net income/loss	2020-12-31	$862,777
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$5,587,569
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$4,724,792
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2020-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2020-12-31	$0
Investment advisory and management fees	2020-12-31	$7,398
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$1,219,425
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$4,617,932
Value of interest in pooled separate accounts at end of year	2020-12-31	$30,400
Value of interest in pooled separate accounts at beginning of year	2020-12-31	$0
Interest on participant loans	2020-12-31	$11,060
Income. Interest from loans (other than to participants)	2020-12-31	$0
Interest earned on other investments	2020-12-31	$2,098
Income. Interest from US Government securities	2020-12-31	$0
Income. Interest from corporate debt instruments	2020-12-31	$0
Value of interest in common/collective trusts at end of year	2020-12-31	$4,180,511
Value of interest in common/collective trusts at beginning of year	2020-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$21,525
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$21,525
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$61,378
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$0
Expenses. Payments to insurance carriers foe the provision of benefits	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$429,340
Net investment gain/loss from pooled separate accounts	2020-12-31	$10,555
Net investment gain or loss from common/collective trusts	2020-12-31	$187,499
Net gain/loss from 103.12 investment entities	2020-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$157,246
Employer contributions (assets) at end of year	2020-12-31	$0
Employer contributions (assets) at beginning of year	2020-12-31	$0
Income. Dividends from preferred stock	2020-12-31	$0
Income. Dividends from common stock	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$240,497
Contract administrator fees	2020-12-31	$14,870
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2020-12-31	Yes
Liabilities. Value of benefit claims payable at beginning of year	2020-12-31	$0
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2020-12-31	$0
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	MAYER HOFFMAN MCCANN PC
Accountancy firm EIN	2020-12-31	431947695
2019 : THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$1,486,614
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$704,076
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$670,713
Expenses. Certain deemed distributions of participant loans	2019-12-31	$3,741
Value of total corrective distributions	2019-12-31	$3,617
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$715,104
Value of total assets at end of year	2019-12-31	$4,724,792
Value of total assets at beginning of year	2019-12-31	$3,942,254
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$26,005
Total interest from all sources	2019-12-31	$6,832
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$332,117
Participant contributions at end of year	2019-12-31	$85,335
Participant contributions at beginning of year	2019-12-31	$5,261
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$215,759
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$782,538
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$4,724,792
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$3,942,254
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$4,617,932
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$3,936,993
Interest on participant loans	2019-12-31	$6,182
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$21,525
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$650
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$764,678
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$167,228
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$670,713
Contract administrator fees	2019-12-31	$26,005
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	MAYER HOFFMAN MCCANN PC
Accountancy firm EIN	2019-12-31	431947695

Form 5500 Responses for THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN

2023: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Insurance	Yes
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement – Insurance	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: THE BETTER BUSINESS BUREAU, INC. 401(K) SAVINGS PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

629843

Policy instance

Insurance contract or identification number	629843
Number of Individuals Covered	161
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

467968

Policy instance

Insurance contract or identification number	467968
Number of Individuals Covered	161
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

629843

Policy instance

Insurance contract or identification number	629843
Number of Individuals Covered	161
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

467968

Policy instance

Insurance contract or identification number	467968
Number of Individuals Covered	161
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

629843

Policy instance

Insurance contract or identification number	629843
Number of Individuals Covered	150
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

467968

Policy instance

Insurance contract or identification number	467968
Number of Individuals Covered	150
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

629843

Policy instance

Insurance contract or identification number	629843
Number of Individuals Covered	147
Insurance policy start date	2020-05-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

467968

Policy instance

Insurance contract or identification number	467968
Number of Individuals Covered	147
Insurance policy start date	2020-05-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	THE BETTER BUSINESS BUREAU INC.
Employer identification number (EIN):	860006552
NAIC Classification:	813000
NAIC Description:	Religious, Grantmaking, Civic, Professional, and Similar Organizations

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	1923-02-07
Company Identification Number:	18285
Legal Registered Office Address:	ONE CANALSIDE 125 MAIN STREET BUFFALO United States of America (USA) 14203